Quote:
Originally Posted by MountainGoat
The Page Rank has nothing to do with traffic, just the amount of links that go in to the site, and what position they are and the likelyhood of a surfer clicking on to them.
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That is just the first page of the book.
PR is how google is rewarding your site according to their google webmaster guidelines and a lot of other algo's that are more of a basic SEO nature, as you are mentioning above.
However, as Head Boy stated, PR is mostly of entaertainment purposes, and it is funny how much weight ppl actually gives it.
You can , or you could, cloak a completely new domain, and after a months time you could have a PR9 on that domain. Does that means the domain are more valuable...nah, not at all.