Have noticed the Yahoo my web? This Yahoo feature / product allows users to save search results to make them part of your “Yahoo Myweb.” The big question is what, if any, importance will the Yahoo person web have on Yahoo SERPs.

Here’s a glimps into what their working on at Yahoo:

MyRank is Yahoo!’s personal search technology powering My Web 2.0. Traditional search engines use a variety of complex algorithms to deliver better results. Most engines use the number of links to a website as a proxy for the value that webmasters place on the content of the site. Chances are, however, that you value content differently depending on who you are and the context under which you are searching.

MyRank leverages all the advances in algorithmic search and combines these advances with a very simple idea – your definition of a “better answer” may be very different than somebody else’s definition. The MyRank technology powering My Web 2.0 enables you to tap into the knowledge of the people you know, and leverage this knowledge to find better answers that are more relevant to you. Friends, colleagues, and other contacts in your community are invaluable sources of information and advice in the offline world. These are the people that share your interests, work in your industry, live in your neighborhood, and have potentially searched for many of the same topics as you – along with topics that you never thought of in relation to the people you know. By fusing the power of algorithmic search with the ability to tap into your community, MyRank technology enables you to find better, more relevant answers for you.

Clearly, if it does not already help you in Yahoo SERPs, it probebly will in the not-so-distant future. It’s still in beta, but can you imagine a world where being a part of 1,000 peoples personal Yahoo web would be a detriment to your site’s SERPs?