Is the W3 standard a major factor when google decides SERP position?

Posted by Anonymous12345 on Pro Webmasters See other posts from Pro Webmasters or by Anonymous12345
Published on 2010-12-25T17:23:17Z Indexed on 2012/09/11 21:49 UTC
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google

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I have a dynamic php website which index only has around 800 errors according to the w3 validator online.

I have tried checking major websites like ebay, stackoverflow and others also, all with around 400 errors.

So my first thought is, what good is that validator when it always displays errors?

Secondly, will the errors affect my SERP ranking? ie, will me fixing these errors as good as I can increase my Google search position?

Thanks

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