Does the Age of a Domain affect PageRank?

Rick Rayn, Indiana: What weight does the age of a site and the amount of time a domain is registered for have on it's search placement?

Matt Cutts: In the majority of cases, it actually doesn't matter--we want to return the best information, not just the oldest information. Especially if you're a mom/pop site, we try to find ways to rank your site even if your site is newer or doesn't have many links. I think it is fair for Google to use that as a signal in some circumstances, and I try never to rule a signal out completely, but I wouldn't obsess about it.