A NoFollow Link is an HTML attribute that tells search engines to ignore the linked page when considering page rank of page that it is linked to. To use the example that was in my original post, if your main page has a page rank of 10 and it has 10 linked pages there derived pagerank would be 1 each (10/10=1). But if you only want 5 of those pages to get PageRank you use the NoFollow code on the other 5 pages, making a derived pagerank of 2 for the 5 pages you want to focus on. But, as the speaker at SMX in Seattle stated, the reality is the pages without the NoFollow code would still only derive PageRanks of 1 anyway.
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