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You are seeing results from different datacentres
New backlink and PR data can be seen at www-cw.google.com and older at www-ex.google.com
None of the new data is affecting SERPS in my opinion - my guess is that the SERPS are based on even fresher data than we see a www-cw - Google is just giving us a visible update.
Backlinks almost all gone. (Used to have lots, added enough over the last months to double that total)
Position in the SERPs remains good for index page.
Several inner pages have jumped from nowhere, to Page1/#1 for their niche keywords.
Traffic is up.
If I had to choose between good PR/Backlinks and good SERPs/Traffic - I'd take the traffic.
The information that Google is giving webmasters as feedback (PR and backlinks) is contradicted by the facts that are obvious on every keyword search. I'd keep my eyes on the ball, not on the toolbar...
PR up, yes indeedy. Whooo hooo for me.
<<Position in the SERPs remains good for index page.>>
Position dropped eight pages, but only days later I was rewarded with higher PR and tons o' backlinks.
<<Several inner pages have jumped from nowhere, to Page1/#1 for their niche keywords.>>
Inner pages are all PR6.
<<Traffic is up.>>
Traffic has plummeted.
<<If I had to choose between good PR/Backlinks and good SERPs/Traffic - I'd take the traffic.>>
Yeah, :sigh:, me too. I miss my PR3 site.
Oh, and my expired domains are all still PR0, which is totally ridiculous. They have their own *new* backlinks. Hello Google, I just *liked* the darned name. Quit punishing me.
In our industry we have a PR 1 site with average content and average backlinks outranking a Pr 8 site with much better content and many more backlinks for the past 2 months. Also other sites are doing the same but this example is the most drastic.