There is a buzz doing rounds that Google PageRank update will be done this weekend, apparently the buzz was fueled by a comment Matt Cutts made on one of his blog posts. Excepts from the comment ^[1]:

@Mattcutts:

Cool. But I was noticing a lot of sites are bouncing around PR wise. Is there a new PR update taking place?

Last time you told us. I guess it’s no big deal, but is how I gauge whether Google trusts me or not!

Matt’s reply was what gave out a hint that the PR update is coming this weekend.

Dave, we’re 1/365th of the way there!

panzermike, I wouldn’t be surprised if new PageRank started showing up this weekend or so.

So are we going to see PageRank updates coming this weekend? Only time will tell, are you excited about this? What are your expectations for this PR update?