This video Q&A from Matt Cutts didn’t really reveal anything new about how Google treats links–Google doesn’t follow nofollowed links and that’s the story it’s sticking to.
What did catch my attention was the reference to the weight carried by .edu and .gov links. Matt pretty much debunks any suggestion that a link from an edu/gov TLD carries more weight than a .com one:
I’m sure some of you will debate the “truthiness” of that statement–based on your own findings–but for me, it was a blast from the past to hear anyone talk about edu/gov links. Five years ago, a .edu or .gov link was considered the holy grail of backlinks. These days, I rarely hear anyone talk about them as being any more important than other relevant/authoritive .com links.
What say you? Do you still seek out .edu or .gov links simply because they have that extension?