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Latest on accelerating pagerank compuatation...
Here is a paper that appeared in the last WWW that talks about how the
iterative page-rank computation can be speeded up by adjusting the page
rank vector every iteration by subtracting off estimates for non-primary
eigen vectors (remember that the PR corresponds to the primary eigen
vector). [I am guessing that it makes sense in that it further reduces the
components of the vector in the non-primary directions, thus making it
converge to primary direction faster.]
Completely optional--and useful only to quench your curiosity (such as you
may have it ;-)
Rao
http://nlp.stanford.edu/cmanning/papers/extrapolation.pdf