CBP is correct but there is a slight difference:
Link Popularity with Google has proven
PR doesnt always pass especially with irrelevant links, age factors may also play in this.
Yahoo and MSN do not have as strict criteria. Both seem to put much more emphasis in onpage factos when ranking pages but they will count an automotive link from health care place very easily.
I have seen sites with 8k IBL's on Google and a grand
PR 4. CardsDirect has 8K IBL and
PR 6. So in short
PR is not just link popularity but link popularity with a twist, it factors where and how relevant the IBLs found are. Also I have heard if the link growth rate halts for a period of time the
PR value may drop even though the number of links havent dropped.
DMC