You can post your question on this official thread, Hahha! http://forums.digitalpoint.com/showthread.php?t=647224
I guess it will happen soon but I dont really care if they are going to update it a little bit later so I can still do more link building and improve my blogs
Pagerank is only around nowadays as Google's brand would suffer if they were to get rid of it completely. They've realised that too many people focus solely on improving Pagerank, rather than looking at improving content and promoting your sites across the web. With that said, why should Google spend time updating Pagerank, when it could be spending time on developing a more robust algorithm for the future (one which does not consider Pagerank at all)? Don't wait on a Pagerank update...instead, look at your analytics data and industry search trends - then decide how to nurture your SEO campaign. Bottom line is, Pagerank is no longer very important, and this claim is fully supported with the recent removal of the Pagerank data from Google Webmaster Tools.
Who knows what google's up to lately. Still waiting. I don't think they will do away with pagerank, as this is sort of part of their popularity at least among webmasters, but you never know. It has been a while since the last pr everyone is waiting, but nothing happening. Maybe they are out of town or forgot about it, maybe they did away with it, maybe they are just messing with everyone!
Hmm, I think the update would be probably after rolling out the new caffeine then after 6 months then a PR update should probably occur.