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lazonby's got the right idea, try and avoid to many reciprocal links. In the last big daddy update google devalued reciprocal links. A lot of first page webmasters watched their pages disappear into the ranking abyss!
Its all about one way links now, with got relevant anchor text.. id select a couple of sites as your primary sites and use the others to fire links to the main sites but try and keep the number of outbound links on the main sites at a reasonable level..
Its all about developing a positive link profile, no point having 20 great incoming links if youve got 2000 outgoing!
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