I sure reciprocal linking can be your chance to shoot up your pr,but this is considerably also dependent on page content and quality .if any body have some information do make a response. gautam http://greetings.123india.com
PR seems to be dead! Unless you are listed on the Google directory you can't really check the PR of a website.
If the link page is categorized correctly and have relavent sites with relavent descriptions, I'm guessing that it would be good for PR. It's all about relavency of the linking page. When exchanging links, would you exchange link with a site if PR wasn't a factor? Use relavency instead of PR.