custom-wp-pagination-links.php

<?php

/**
 * Custom blog pagination links
 *
 * @return	void
 */
function pilau_posts_nav_link() {
	global $wp_query;
	$max_num_pages = $wp_query->max_num_pages;
	$paged = get_query_var( 'paged' );

	if ( $max_num_pages > 1 ) {
		echo '&laquo; ' . get_next_posts_link( __( 'Older posts' ) );
		if ( $paged > 1 && $paged < $max_num_pages ) {
			echo ' &nbsp;&nbsp;|&nbsp;&nbsp; ';
		}
		echo get_previous_posts_link( __( 'Newer posts' ) ) . ' &raquo;';
	}

}