Alexa & Google Ranking- What is Good?

[alexa52]

I just did a Website Grader report.
It is telling me:
Your website has an Alexa rank of 1,581,523 which is in the top 5.15 % of all websites.
and that I have a Google Ranking of 3.

Is the Google ranking good, bad or indifferent?

I don't think my site is getting enough hits to rank in the top 5% of all websites. Or is that number based on the other sites I put in to compare it to? I only put in one other site.

Is my Google ranking based just on my site or compared to the one other URL I compared my site to?

Any info/clarification on this would be great!

[silveraden]

Your google ranking is good, however, your alexa is bad... Focus on PR and not on alexa... build links and continue to promote your site.

[Lyn701]

Ignore Alexa, unless you will sell your site.

[alicemartin]

Have to agree with the others. Alexa is not that important ... Google's the key and best to continue promoting it .

[alexa52]

Silveraden-
You have a really great site with tons of info. Wondering if you have any specific recommendations for me.. I have an travel magazine that focuses on editorial content, but have lots of sections like a forum, readers stories, video gallery and photo gallery I am trying to promote.
Thanks.

[x3mario]

Or focus on serp ranking rather than alexa and pr.

[mackone]

Both are important, and here your Google PR is good.

Google Page Rank, that appears in the Google Toolbar, is the measure of a particular webpage's popularity or importance, mainly based on the number of inbound links as computed using the pagerank formula.

Alexa Traffic Rank, on the other hand, is the measure of a website's traffic, including traffic from its sub-domains, based on a three months of aggregated historical traffic data from Alexa Toolbar users.

[x3mario]

And sometimes google pr toolbar will not give accurate result.