Steve, sometimes good information to users is a consolidation of very high quality links. We have over 3000 links to small business sites within the SBA as well as links to the Harvard and Yale library, academic journals, etc. But because we have the understanding that there should be no more than a hundred links in a website (more now from what Matt said) we have used nofollow on all of them out of fear that Google will penalize our site because of the amount of links.
Do you regularly publish helpful, useful articles, videos or other types of media that are popular and well produced? Do you write for actual human beings rather than the search engine itself? Well, you should. Latest research from Searchmetrics on ranking factors indicates that Google is moving further towards longer-form content that understands a visitor’s intention as a whole, instead of using keywords based on popular search queries to create content.
While ordinary users were not that interested in pages' scores, SEOs of a different caliber felt that this was a great opportunity to make a difference for their customers. This obsession of SEOs with PageRank made everyone feel that this ranking signal is more or less the only important one. In spite of the fact that pages with a lower PR score can beat those with a higher score! What did we receive then, as a result?