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"What if" Google were to pull down that greenbar from its toolbar?
1. The whole text link ad industry will come to almost a standstill.
2. Knowing if a site/page is indexed in Google will take a little longer.
3. Knowing the importance of an individual site/page will be more difficult if not impossible.
4. Knowing if a site is penalized will be difficult (Kind of a site that has hundreds of IBLs, but is a PR0)
In the absence of TBPR, how can one go about measuring the importance of a page? [Relevancy being a common denominator]
My list would include these, in order of importance -
a. Alexa Rank (With all its anomalies)
b. SERPs that the site/page enjoys for its target keyword/s.
c. Quality IBLs if any (such as dmoz)
I am sure there are many other metrics, but will be difficult to measure for each new potential link.
Now, please add, debate, ridicule... :)