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It seems there are a couple of critical values in PR.
PR8+ : I am still investigating on this but what I see is multiple visits a day on the same URL's and rest similar as PR5+
PR5+ : get daily visits on every page that is PR5 or higher and a deepcrawl about once a week.
PR4 : gets a daily visit on the index page.
PR1+ : gets only a monthly visit.
I think the toolbar PR will be updated next week however today or tomorrow is as well possible. On the other hand maybe we have to wait 3 more weeks.
Your question can not be answered so easily. "One PR8 link" to a PR4 site can do wonders! If it were the only link on that PR8 site's page!
If on the other hand there are 250 links on that PR8 page and you are the last one of those links, then you probably get nothing out of it.
Same story for the PR7 links - it depends how many competing links there are on that particular page.
Mozart
However see it as money. If you compare a PR8 link as 100 USD and you have to share with 100 others. You will get 1 USD.
If a PR7 page is worth 10 USD and there is only 1 link on that page you will get 10 USD.
However PR is not the most important. The most important is to have a good anchor text. That is what really give you good ranking for your keywords.
For example a page that has a PR of 2 is worth about 7 times that of a PR 1. That these figures can roughly be looked at as a deferential equation, where each PR is about 7 times higher then the previous number. I’m not sure if this is true, but if you look at some of the differences between websites, this equation could be close at times.
Does anyone have any thoughts on this?
-B
-B
If you have 2 links.
1 : PR 5.99999999
2 : PR 6.00000001
As you can see the PR is almost the same but the PR in toolbar will be different. As well it matters how many links there are on a page to see the estimated gain you will get by getting a link from that page.
Therefore a link from a PR 4 with 5 links can be more valuable than a PR 8 with 1000 links.
however enough said about PR. I think most important is to focus on anchor text.