Does order of links in SiteExplorer mean anything?

Are first ones more important than later ones?

[CrimsonGirl]

Yahoo's SiteExplorer shows inbound links.

At a recent conference (SES Chicago), one speaker mentioned that the order of links shown is in order of importance/value. He said it almost in passing. I never would have thought there was anything to the ordering of the links shown, so I was somewhat surprised.

Does anyone know, or have any educated guess, about whether the links shown first are more important?

[Angonasec]

Certainly my first two listed in Site Explorer are deemed the most important. But sadly the homepage is second.

Y! (like G WMT 'most highly ranked') lists a more obscure page first, which is I suppose something to do with more highly valued links to that page.

So it does appear that pages are listed in SE according to their 'importance'.