I think something is going on in Google, that we did not know yet, one of my site that is PR2 for the past 2 years just change to PR0 last week, I dont know why. I think Google minor update is taking place from time to time now.
It was a long time since google has updated its page rank. Also I wonder the impact of page rank in SERP positions. However, hope for the better and sooner.
I think no page rank to page rank 0 even though it doesn't look that much differnt isn't that far away from the norm seeing the way many sites have drastically had their pR reduced
right, PR has nothing to do with ranking, my original statement is: ranking has something to do with PR: Higher pagerank => higher positions on google search results => more traffic