The problem with digital signals is that they are 'inteligent' but are worked on by 'dumb' hardware. So the problem is that if you have a data signal coming in in the logic/ digital format of 1's and o's represented by voltage = say >.6 and voltage say = < .4 of maximum voltage level, 5V in PC's, then the chip has to recognise the rate the data is coming in at and roughly when it is coming in. PPL is an oscilator in the receiving chip that in inline/ synchronised in phase, and data rate with the incoming signal. If the chip didnt know what to expect then it would have to buffer data while it got a big enough sample to figure out the data rate and there fore whether a signal is 111 or 1111, or 10 or 1100, or 110011 or 111000111, you see? Its a crap explanation sorry.