
Is PageRank important?
Yes it is but not more than your content. You can receive thousands of visitors per day with PR0. I have friends in my networks who are full time bloggers and earning hell lot money without having to worry about rankings such as PR and Alexa at all. Because there power tool is post frequency. The more you post the more you receive traffic. If you are destroying your precious hours in looking for backlinks or exchange links and not posting consistently then you are close to nothing.
PageRank and Alexa are important only when you have quality content and Traffic. Amazingly both your traffic and Content are independent of solely Rankings but depend a lot on what you write and publish. Advertisers look for three things when they buy an ad spot:
1. Traffic 2. Alexa 3. PageRank
But Google AdSense looks for just one thing and that is Traffic
Unless you have quality content both your PR and Alexa are useless. Because with quality content you get lifetime quality organic Traffic. There are many blogs and websites with PageRank 6.0 in Buysellads directory yet they are not even earning a penny because they spent there great skills on ranking alone and under-estimated the value of good posts, content and shares and as a result ended their careers with hopelessness. My short personal experience says that if there is anything that matters more is Traffic. Writing on things that attract people is what I call blogging.
Below is a video by Google Software Engineer matt cutts where he is answering a question on Why aren't the Google Toolbar PageRank values updated more often? In the same video you will find the answer where he confirms that content is more important than PageRank.
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