What Arkyt said.
Though I think the guys who created Links Manager are pretty honest and sharp, I told them I could not use a system that crawled the hell out of my sites on a daily basis. Plus, the link pages were not truly being hosted on the domain.
I did open up site linking for a little while – but I always updated my pages manually and quite frankly it was a pain in the ass. I stopped accepting links in order to find some good software which would automate this – and as you see I have not been successful so far LOL.
I have to go back and study the current status of Links Manager – how it works, etc. – but at some point it is entirely possible that we will weed out all links from Links Manager.