As I throught It seems everyone is still tied up in a recent Google PageRank update. Take this one like a grain of salt, we have it from a source like BlogStorm.com who give us part of the PageRank algorithm that Google used to hit a bunch of blogs this week.
Looking at the codes, things become a lot simple.

$spammers=file_get_contents(”http://www.johnchow.com/”);
$pos = strpos($spammers, $domain);
if ($pos === false) {
$newpagerank=rand(0, 10);
} else {
$newpagerank=rand(0, $pagerank);
}

Photo credit: DtpBlog

But What Happened? Brief Summary

We all know Google has the means, the capacity, and strength, someone think even has desire to penalize, to cause uncontrolled use of the Internet. Many blogs took a steep drop from PR 6 to PR 4. It is suspected that paid links, such as those offered by Text Link Ads, could be one cause of a site being penalized.

This should mean for bloggers a risk to losing page rank selling links. However shouldn’t lead to a loss of traffic, in fact despite google toolbar show a low pagerank value, it seems that are not considered the search engine rankings, because many of these sites still are ranked very well for terms.

ProBlogger Case

Google has drastically changed in PageRank value for many blogs, and has penalized famous sites like John Chow, who they had accepted paid links. But some sites that got hit as ProBlogger, they didn’t selling text links, so I think there are other factors to consider.

This must have been a huge embarrassment for Google, let alone ProBlogger. Fortunately, the sense of fault when the mistake was made public is great, and once realised, Google has recovered and returned to Problogger its PR6.

I don’t sell text links, and so Google left me well alone, but yesterday is happened that for a few minute my PageRank is gone from PR4 to PR0. A Google mistake?

How To Submit Your Blog For Reconsideration?

If you were penalized, you have a chance to be reconsiderate by Google. You should submit your blog for get your PageRank back. All you need is to go to Google Webmaster Tools and click on Request reconsideration link.

Conclusion

I’m sorry, but after these series of mistakes, I’m not going to forgive easily this complex mathematical formula that was developed by Google and until it don’t resolves these problems, I’m not going to be putting an ounce of trust in any PageRank valuation.

There are bloggers who attempt to make money using AdSense or other affiliate programs but also who has prefered to use text link ads. On the other, many bloggers have seen text links become the first source of earn. Seemingly, it’s  profitable sell text link, but not for Google that surely they see this as danger for their Adsense.

There will also be plenty of inconsistencies in their carrying out of the penalization of text link sales and lots of people pointing them out.

To be honest, we’re not what to expect after this, however I would love to hear your thoughts on this mistake especially if you have other possible explanations for what might explain the horrible result with the new PageRank update.