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I think we're a long way from being able to expect Google or any engine to be able to differentiate between a helpful directory of online resources and a bunch of links.
PR leakage is a highly overrated topic in my opinion.
That's how I've felt, too, and reading this older thread [webmasterworld.com] only made my opinion stronger today.
I think we're a long way from being able to expect Google or any engine to be able to differentiate between a helpful directory of online resources and a bunch of links.
True, though is it difficult to match the page's title and H1's, etc., with the link's targets? If the outgoing link is an affiliate, score it -3. If it's a content rich page on a content-orientated site, score it +5, etc...
but then won't there just be more loopholes to play with....
Google specifically says "Don't participate in link schemes..." just to boost PR or ranking and avoid links to bad neighborhoods.
These new rocket scientist link schemes don't do something that is natural and instead offer a scheme Google specifically doesn't like. Duh.
The page title includes the word links, and the url is mysite/links.php - have the word links on the page several times... Have about 40 or 50 links on it, many of the sites link back... some have pr, some don't.
I think that a lot of people's difficulty with google pr can be helped by a strong internal link structure and a large number of legit pages with legit content...
I can usually help fix many pr0 pages I have by linking to them myself, and making sure that dynamic pages have a default state and that I link to that default state from somewhere.
I have a web directory of sites organized by topic which is part of my site, but if these outgoing links are diminishing my site's PR value, is there a way to present pages and pages of organized links so that Google will say... "hmm, helpful directory of online resources."
If these links are helpful for your visitors (on topic) Google will also see them as "helpful". If the links are for the sake of getting incoming links, to in turn get PR, then Google will not see them as helpful.
My opinion is leave the directory type links to directories and focus on the topic of your site.