Google Updates PageRank on the Heels of Panda 2.2
http://www.seodesignsolutions.com/blog/internet-news/google-updates-pagerank-on-the-heels-of-panda-2-2/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+SeoDesignSolutionsBlog+%28Seo+Design+Solutions+Blog%29
While this event may not carry significance for non-SEO types, for affiliates, webmasters or internet marketers vested in the process of percolating new sites (to develop more on page authority), spawning PageRank on their new domains invariably augments long-term SEO efforts (by creating a higher degree of referential integrity) for internal pages to circulate link weight, which in turn can produce rankings
(via Flippa News)