I am considering buying a site listed with same niche as mine that is linked in DMOZ. It is a site dedicated for region. The link is 9 levels down from the root. I check the page rank of the page at
http://www.prchecker.info/check_page_rank.php
There is no page rank of the the page. Is there benefit of buying this domain and doing a Apache 303 redirect? I check the domain for other old backlinks. They all seems to be from legit not banned neighborhoods.
I just wanted SEO communities opinion on this if by buying this domain and doing redirect will it hurt or my existing domain? IF so, by how much? Will there be future benefits when Google makes update to search algorithm?