It depends on various factors actually, if you are submitting in quality directories which approve only quality and content sites in their database. As things are going to be changed, PR game is getting older now, time to convert with quality content and meaningful work.
If your site is providing some sort of services, reason for the users to stay on your site, then you must be getting back links naturally and those natural back links are really counted well, may result in high PR value for your site.
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