PR and Link Weight with a bit of Jaywalking to Confuse Things

Thread Title:
Does PR "weight" the link text?
Thread Description:

it's a really simple question

Assuming 10 IBLs from both, and similar link text.

Will the link text from a PR6 page link have the same value as that from a PR2 page link?

but the answer obviously isn't. I love these theoretical threads until they get bogged down by people demanding evidence. Evidence aside I would say Google could weight the links quite easily if they wanted to?