Linklists + SEO = bad?

Don't link to them unless you know for a fact it is a good one.

you lost me a bit here but here are my 2c

I submitted to link lists for about a year from 4-5 domains on different ips, none of these domains got any SE traffic at all !!!! so basically adding sites to LLs didn't help me with the SEs. On the other hand some of the link lists themselves have some really good Google listings and I got some good traffic from them and made some $$$ too

as for getting linked from bad sites most probably Google simply ignores these links rather than punishing you, otherwise everybody can easily bump off a competitor or two by spamming their links to forums, guestbooks etc

This makes a lot of sense when you say it like that. However, I had a guy on ICQ (I honestly forget his name), told me he had received a -900 for linking to bad LL's. Chameleon offers an LL submitter which I was going to give a shot, but before I go and get it I thought I'd get some more opinions on the topic. It's a shame to not be able to find out what the SE's see as "bad neighborhoods".