Forum Moderators: open
"the power of the link is found -- not by mere quanity... but link quality. Your outgoing link to a authority site/page adds another generation to the authority sites theme (which is also your theme) and if that site/page is indeed an authority, the "organic structure" (or natural link construct) of many topical generations (a longer topical path) which eventually flows back to you".
In a sense -- you are helping your site to improve its own quality.
Another consideration >> is does little good to add these "authority links" to a page entitled "Links" or "Links Page".
It is far better for you to add these to a page entitled by the topic of the link (or the theme of who you are linking to).
As far as PageRank - in the long run > yes; outbound links will help... however you can't simply stare at a toolbar to see this.
The biggest problem with PageRank is that many look at short-term gains and "IMPORTANCE" (or a measurement thereof) to a specific topic can't be built in days or months but over years with lots of planning.