A number of my readers have noticed that Google have been making some minor adjustments to the displayed PageRank on a few sites, and Josh quite rightly pointed out that the displayed PageRank on this domain has for some reason been reduced.
Whatever change Google have made in the data held about my site, it doesn't seem to have prevented any of my content ranking, and unfortunately it is impossible to say what data they are working on to begin with. They could well be using a dataset from 1 year ago in their experimentation with some new algorithms, or just
There would be a gaping hole in my content coverage if I didn't mention the release of 
Penalty Confirmed – But I Don’t Sell PageRank
Danny Sullivan has managed to get some feedback from someone at Google confirming there are visible PageRank penalties being applied, as much as a -2 on what is displayed on the Google Toolbar.
This is my follow on from my post yesterday:- Dancing With The Gevil - Defamed By Google?
Fair enough, for those people who have been caught selling links primarily for boosting search engine results.
The funny thing is I have seen so many blogs today that are selling Text Links who have not received a penalty, yet lots of sites that write high quality paid reviews penalized. I am