RegDCP - 4:55 am on Sep 6, 2012 (gmt 0)
I think it would.
Just think of all the overhead it would take to recalculate PageRank.
Especially if it were comparing linking to linked pages for relevance and not just using the calculated page rank.
Where do you see this evidence regarding independent link equity outside of Panda.
I gave up believing in Matt Cutts a LONG time ago.
The duplicity of the man is astounding.