Well, that may have picked up steam as Google PageRank values of several prominent sites have taken a hit during this week. Some examples:Washingtonpost.com - from 7 to 5
Statcounter.com - from 10 to 8 (and 6 in some other Google data centers)
MasterNewMedia.org - from 7 to 6 (and 4 in some other Google data centers)
Problogger.net - from 7 to 4
Blogherald.com - from 6 to 4 is some Google data centers.
TechCrunch, BoingBoing, NYTimes and other popular web properties that do not sell text links have retained their Google PageRank score.
Related: Google PageRank and Other Tools
Note: Google PageRank can be different across different data centers as the new scores may not have been propagated to them.
If the PageRank of a site is lowered by Google, there may not be any visible dip in search engine traffic immediately but that could change in the long run. Use rel=”nofollow” if are to sell text links on a site and avoid getting penalized by Google.

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