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Are outbound links very valuable?

 
I've recently built a site for a mate and launched it early Dec. Google has been round and now all 150 pages are indexed.

It's a small site for a london based photographer - it has photo galleries, a blog and the usual 'about me' pages.

All pages have 0 Google Page Rank except a handful of ones that ALL have outbound links (to good, relevant content). These have a PR of 3.

The site is listed on dmoz.org and linked from my personal one (PR3) and a couple more.

Unless Google has gone temporarily crazy, is this an indication that it values (quality) outbound links more than people think?
 
  • Are outbound links very valuable?, LawrenceLadomery, 29 Jan 14:07
    I've recently built a site for a mate and launched it early Dec. Google has been round and now all 150 pages are indexed. It's a small site for a london based photographer - it ...
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