Alexa's Traffic Rankings have changed for the better. After months of preparation, we are releasing Alexa's new and improved traffic rankings. There are two major differences between the new traffic rankings and the old ones:
Site Definition: We have simplified Alexa's methodology here. Now all traffic is rolled up into the primary domain name for a site. So, for example, carpoint and slate are now counted as part of msn.com (since that's where they are located). The exception of course is Personal Home Pages, where we can identify them, which are treated as separate entities with separate traffic rankings that aren't rolled up into the domains.
Ranking: Previously we based Alexa's rankings on page views... all page views made on almost all Alexa services were counted, compiled over a 3 month period and ranked. Now, we've gotten a little smarter. Multiple page views made by the same user are discarded (no more spoofing!) and only validated Toolbar page turns will be used. Also, and this is totally new for us, we are using Reach (total number of unique users) as part of Alexa's ranking calculation. Based on this new information, we calculate a "geometric mean" for Reach Rank and Page View Rank to determine Alexa's new Traffic Rank. We have a more detailed explanation available for those who must know.