I am 40 % agreed with w3bmaster. I agreed that PR have no conection with ranking. but high PR website have high chances to get at the top. Quality Back Links from a high PR websites will definitely help to get the link-juice, and is help full.
Actual Page Pr links are too easy for me as I am Expert in SEO and Back-linking and doing since 4 years , And I started reading DP 4 years back now I am at the top , if any one needs free Actual Page PR3 link where you can post link then PM me your email , i will send it there and if anyone needs any kind of back-links then I am available.
Good discussion. Very interesting. In the end it is the mix that matters. You want to have a few of each - but you also need some high PR backlinks. Not right in the beginning but eventually you should get some decent PR links
yes it is true that the exact location of the page does matter. Google sees pages in separate. If the domain page has very good rank and link page is only one click away, then you can think that a little importance would be added to your link page also. Otherwise it is two or more click away you will not gain the prophit of High Domain PR. But I would suggest you not to worry about pr when you create link. consider other important feature when you make link. such as page cache, number of link on that page, and the theme is related.