I guess I’m one of the few that loves LM. It saves me tons of time and the links pages are all ranked pretty well I might add. Also anyone linking to me, if I know who you are I will turn off the link checker, I always have in the past, when I was in the GPWA I made sure it was turned off for all members. I only use it on my two original sites…
One of the biggest benefits to it is that I get requests all day long for link exchanges, it saves me from having to go out and look for them.
The only thing I’ve found annoying with it, is it shows that links aren’t reciprocating when they actually are. So when I see one that’s not, I go check it myself instead of sending out that annoying automated letter!
Dean and I installed WSN Links many months ago, we have that on all the new sites, and it seems okay. It’s not as good as LM in my opinion but it does the job.