If you want to follow what people are saying about the recent toolbar PR update here is a list of the forums that are covering it. I am sure there will be a mix of good and bad reviews.
The Band of Gonzos
Cre8asite Forums
Digitalpoint Forums
Highrankings
Jim World
SEOchat
SEOpark
SEW Forums
V7N Forums
Webmaster-Talk
Webmasterworld
WebProWorld
A good portion of this list is from Phoenix at SE Roundtable who is sitting in for RustyBrick while he is away. I added a few others into the mix that had some decent conversations going on.
The common theme running thru most of the fora is that there were a lot of reductions of PR on the home pages, this site included. Even though there were substantially more backlinks attained during this 3 month plus stretch, PR still dropped.
The theory is that there are more pages in the Google Index and Google had to raise the bar accordingly. In fact, this seems to be the case according to a Netcraft survey released this month. The survey reported close to one million sites that went online in just one month alone. There has been a boom in upstart Web sites and with a new googlebot digging even deeper, the index has surely grown considerably.
With the onslaught of new pages, adjustments to the PageRank logarithmical scalation may have taken place. This is likely a manual scalation which follows a logarithmical scheme, so that Google has control over the number of pages within the single Toolbar PageRank ranges. The logarithmical basis for this scheme is assumed to be between 6 and 7.
But of all the bad stories in the fora, there is one notable success story. And, that is of the new SEOpark Forums. The owner of the forum has done an outstanding job in modding the phpBB-based forum into a very spider friendly site. The site garnered a PR6, with PR spreading quite nicely down into the deeper topic pages. Excellent work!
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