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Page rank has nothing to do with traffic (mostly), correct. It does however give the user/analyst/whoever about the size and organization of your site. For example, how many pages indexed (size), and the organization of it (tree structure, back links on all pages, etc).
Based on that, I always have a ton of advertisers offering me 2,3, and 400 bucks a month to put their textlinks on my PR5 site. Now that is a solid example of me making decent money on Page Rank, that "green dick" that you think is worthless. I think otherwise.
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