Page Rank will not be updated the rest of this year

Matt Cutts said that they will not update PR the rest of this year in his Pubcon speech. It's not high priority and no one is working on bringing it back. What's your opinion on this? I still see people looking for high pr links, but with no pr update, what's the next metric in line you will be looking for?
Source
http://searchengineland.com/matt-cutts-at-pubcon-174906
Page Rank will not be updated the rest of this year

See original post by Tumpo