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I have 3 active sites right now: Site 1 has PR5 and Site 2 has PR4, and they both link to Site 3 which has PR4. All of these sites are legitimate sites (they are not spam sites) with content concentrated on their specific areas (no replicated/junk content, they all cater to different types of userbase with different content).
Now, I am opening up my fourth site, and I will be putting links from Site 1 and Site 2 to this Site 4.
So, I was wondering if it would hurt any of my sites if I put a link from Site 3 to Site 4 as well, or would Google consider this as link spam in any way?
BTW, all 4 sites are hosted on the same machine, with different IP addresses.
PS: I asked this originally on a different forum, but the question was swept away to a completely irrelevant topic.
I'm assuming you are linking to an unrelated site. I think the important thing here is to not overdo that sort of thing. If you older site has most links to related sites I think it is overlooked. If you are linking all over the place to unrelated sites it may raise a flag.