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Page Rank still matters, what doesn't mean a thing anymore is the disinformation about a sites Page Rank being displayed in the tool bar.
It always amuses me when I hear people saying that page doesn't matter then when it appears to be changing we imediately get long, long threads like this?
Yes, the reason I believe PR is moving is we have a site that just reached PR of 7 - and traffic is doing very well in the last few days! Well - this is the first time we've noticed a PR 7 anyway. Right now PR does seem to be jumping between 5 and 7 at different datacenters. Traffic on this site started coming in very heavy on Wednesday which was the 9th.
[edit - poor grammar, shame on me...]
[edited by: Pico_Train at 5:22 pm (utc) on Jan. 12, 2008]
What are your estimates on when this snapshot was taken?
Mine is that it's from late Nov / early Dec...
My estimate is roughly the same. I noted some ranking changes on Dec 13, which might have happened a few days earlier, but I was away from internet access for several days so I can't pin it down more precisely than that.
Do you see any irregularities within the same sites?
or is it just too early to even check such stuff.
I do see some irregularities, but it's hard to isolate the causes of ranking changes. Factors beyond PageRank could well be involved, and the TBPR scale is too rough to compare PR between pages.
It does appear that pages that had old links from directories that owed some of their PR to SEO networks were the most negatively affected. This isn't a very precise observation... just a recollection of the history of some pages.