Although I think Google has been acting a little evil lately, as does Frank Carr, I think some of the effects of the recent PageRank (PR) smackdown are temporary. I've been soaking up information like a sponge, from all kinds of sources.
The PR subject has been beaten to death for nearly two months. Why am I offering more related information? Because you have choices to make. "The Google Effect" can be temporary or permanent depending on what actions you take.
Is SocialSpark replacing PayPerPost (PPP)?
I'm not going to repeat what others have written. I encourage you to read Ted Murphy's article, "Enter SocialSpark", and Andy Beard's article, "SocialSpark.com Preview - PayPerPost Goes Googley?". They tell you what it is and what you can expect from it. Pay attention to a key word in both: Nofollow.
I believe SocialSpark is scheduled to debut in January, but it might be moved up due to all the Google brouhaha. Is it going to replace PPP? I think it will.
What about all the PPP posts that are still on your blog?
If you read the terms of service for the sponsored posts services, you'll discover that you're required to leave the sponsored posts in place for a minimum of 30 days (it's probably why you have to wait 30 days to get paid for them). After the 30 days, you have 3 choices: 1) Leave them as is without the nofollow attribute on the links, 2) Add the rel="nofollow" attribute to the links, or 3) Delete the posts.
Once SocialSpark gets underway, I recommend the 2nd option. That is, unless you think your sponsored posts weren't good content in the first place. Regardless, unless you choose to remain with option 1, you won't have any non-nofollow links remaining that Google can spank you for. At that time, you can go to Google's Webmaster Tools and request reconsideration and probably get your PR reinstated.
Will RealRank replace PR?
The question isn't relevant. RealRank™ is a completely different metric which means a whole lot more than PR. The data is being collected through the ITK Tools (formerly PPP Tools) and compiled by IZEA's Argus analytical platform. In fact, the only reason I can think of to get your PR reconsidered is to prevent Google from removing your blog from their search engine completely.
Of course, there are some advertisers that will continue to be fixated on PR and there are some bloggers who will remain obsessed with their PR. It is for these reasons that I recommend you request reconsideration as soon as all the dust settles.
The Final Analysis
Looking back at everything which has transpired, and what I've learned through reading hundreds of authoritative articles, I think Google made a mistake in penalizing PPP bloggers. It's only one, however, of several mistakes the company has made in recent weeks.
If you remove your own passion from any analysis, you'll realize that we made a mistake as well. We let ourselves get into a position where PR can affect our earnings. We should've never let that happen.
(Image source: OpTempo)




[...] replace PageRank? One of the main selling points of any major website to its' advertisers? RT Cunningham says that the question of RR replacing PR is irrelevant. "RealRank is a completely different [...]