Well everyone, the long awaited Page Rank update has begun. I'd be willing to bet all sites should be effected by this time next week. We had several new pages go up to a Page Rank of 3 and 4, but sadly our PR5 that we had on the forumhome page, is now a Page Rank of 4

Just like the PR update this time last year, this one has some really strange and odd drops of PR.

You take a site like YouTube.com who's site is always getting natural links back. YouTube dropped from a PR8 to a 3 This is very strange for me ?

This PR update was going to be focused on stamping out sites that sold links based on PR, but youtube ?? google even owns youtube..

I've seen many big names blogs that lost PR, one being on that I visit a few times a week. www.onemansblog.com went from a pr8 to a pr4 :O This guy has even talked to matt cutts about the links he's selling, they even have the nofollow attribute added to them.

I think google has made a huge mistake this time around, not so much on my domains, but large sites like forbes, youtube, onemansblog, should have pr, yet they have lost it.

How many of you have had positive results from this update ? how many have had big drops for no reason at all.