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DavidMetz - 4:06 am on Nov 3, 2011 (gmt 0)
"Pagerank used to be very helpful to improve your rankings & traffic. That is no longer the case. "
The above statement is simply false! Assuming that your on page SEO is good and that you have no other penalties, PageRank can really help you break into the top 10 and keep you there.
I own many high pr domains and nothing works better for improving my clients rank than a contextual link on a page with real PR.