Being in the SEO field, we can all agree that a websites pagerank is not based on incoming links alone, but the quality of incoming links. I've ran across an interesting article illustrating the difference between page ranks.
"The toolbar does not show your actual PageRank, only an approximation of it. It gives you an integer rank on a scale from 1-10. We do not know exactly what the various integers correspond to, but we're sure that their curve is similar to an exponential curve with each new "plateau" being harder to reach than the last. I have personally done some research into this, and so far the results point to an exponential base of 4. So a PR of 6 is 4 times as difficult to attain as a PR of 5.
The exponential base is important because it illustrates how broad a range of pages can be assigned a particular PR value. The difference between a high PR of 6, and a low PR of 6, could be hundreds or thousands of links. So if your PR as reported by the toolbar increases or drops, it's important to remember that it could be the result of a small change, or a large change. Additionally, it's possible to lose or gain links and see no change in your reported PageRank."
http://www.sitepoint.com/article/top-10 ... s-revealed