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Looking at the HTML of the directory page for my site, my PR used to be represented by 16 units of green and 24 of white.
It still is, even though there are different sites above and below me in the revised directory listing.
Looking at the sites around me, the granularity and the typical rankings seem identical.
DerekH
Earlier today the directory seemed to be updated and I was pleasantly surprised to see my higher PR (same as toolbar) in the directory. Then I saw this thread and checked back and it seems to have reverted back to the old, lower PR.
It was there earlier today though!
At one point I was second from the top, in the directory and
now I am second from the bottom, and frankly it does not
make much difference in traffic, as long as im at the top of the regular search term listings. Most people search and only a few people browse directories, " well at least im my trade anyways". Your mileage may vary.
I am most impressed by the new speed of the Google directory updating. And the pages are cached on Google. I hope it is only a matter of time before the Google SERP's are also updated. Any other observations?