Solve : How much does pagerank matter??

1.	Solve : How much does pagerank matter??
Answer» I'm not asking if pagerank matters because I KNOW it does, but how much does it MATTER in Google's RESULTS? How much would a pagerank 2 be ahead of a pagerank 1 if they both had the same content? I realize it matters how the competition is. I just don't understand how my friend has a pagerank 1 with ~25 dofollow backlinks from pagerank 1-2 pages and my pagerank is 0 when I have over 400 backlinks with over 200 of them dofollow with pageranks of 2-5. What does everyone think

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