Current Google Page Rank update for October is still going on, some of the blogs have gone down, and some of the sites have gone up.
PR - I don't consider Page rank as that important, becz what is important is relevant traffic and increase in visitors becz that's what it counts more. There are many sites which as PR2 which do outrank PR4 websites too. Page rank is useful when it comes to branding, link exchanges with relevant categories, promotion, targeting high end competition.
Last GOOGLE Page Rank Update was: July 29, 2009
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