goodroi - 5:03 pm on Feb 26, 2013 (gmt 0)
There is a difference between the Google crawler following multiple redirects and Google applying link power over multiple redirects.
Based on my first hand experiences, rankings suffer when links are channeled through multiple redirects. Recently Matt Cutts has stated that some pagerank is lost through a 301 redirect, so maybe you are losing more pagerank by having multiple redirects. Either way its easy to recover from.