I don't know if this new algorithm has fundamental advantages against what Google's currently doing other than it's not yet being targeted by SEO attacks. You can probably create a new algorithm which works significantly better than Google for the current web configuration, but it will be only until everyone decides to "optimize" their site against the new algorithm.
Probably in someday, general computational intelligence could solve this problem by understanding the content itself and use it for ranking in a meaningful way. But if you're just trying to utilize some arbitrary, accidental structure inside the data set for ranking, there always will be a way to exploit. That's the whole point of SEO anyway.