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PR is always irrelevant to those who don't have anything with real value. They say that because when you have a low pr, its value to 'you' is pointless because it has nothing to do with what you will actually receive from the engines. An increase in rankings/listings can happen on age alone, with no new links coming in, and your pr drop because of that alone.
But to say it's irrelevant is wrong. It's very relevant. It may not be based on money, or the amount of se traffic you get, or rankings, etc..up to a point. But when you try to start a new website and run out to get hard link trades of any value, even if you buy traffic first, if you have no page rank, you have no trades.
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