Yeah, after keeping a tab on Google’s PR updates for so many months and checking that toolbar greenie bar for long, one thing I have realised is that PR is not a ranking tool anymore but just a ego satisfier. It satisfies your inner self that your blog has greater greener substance than other. Forget Google, focus on your site.
What’s the use of PR if my blog receives no more than 10 comments per post. What’s the use of 4 green blocks if I have failed to secure even a single advertiser for my blog? What’s the use of PR? It is not seen as a tool to rank a blog/site’s popularity by a advertiser. What’s the use of 4 PR if my RSS Subscriber is stagnant at 100-105 readers for past 6 months?
I will not let my attention divert to PR anymore and instead focus on my blog more. That’s my July Pledge for NSpeaks this 2008. No more news of Google updating their PR in coming months, years and centuries. 
Hi NS,
Yeah really the PR is quite addictive. And I read on Blogcatalog that the next PR update would be in July end or August start. Is it true? Would the PR updates be known to the public?
NSpeaks (164 comments) reply on July 13th, 2008 4:32 pm:
Yes public can come to know about the Google PR updates. Generally PR Updates follow a pattern and gets repeated after every few months. Also by checking rankings update on google of various sites, people come to know when the updates are due.
Check http://www.seologs.com/google-updates.html for a history of Google PR and BL Updates.
Don’t lose sight of the fact that it was your PR 4 that got you those 100+ loyal readers via RSS. Still, you are totally right - focus on your blog. What was that book a few years ago? Do what you love, the money will follow. Just keep up the great content, and your readership will grow. And your PR, in whatever iteration Google deems necessary in the future.
NSpeaks (164 comments) reply on July 14th, 2008 8:17 pm:
Well those 100 readers may not be because of PR 4 because I have been penalised to PR 0 and it took me time to gain back the PR too.
I am strictly thinking of more content now. Afterall Content is King.
Well yeah its a ego booster. Its a reason to install the google toolbar, that google gets some metrics from. We’ve somehow been duped into using the toolbar it seems.
I was going to say the same thing…I really don’t believe that PR has much to do with RSS subscribers, unless your blog is about some topic (such as affiliate marketing) where the users just worship PR - if you hang around long enough in that circle you’d think that everyone worships PR but we so easily forget that the world out there still cares about content and not some obscure setting that we’re not even sure how it gets computed by Google.