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Originally Posted by mineistaken
Wow, this is breaking news for me (and for majority of webmasters) and against all popular belief. Can not believe that for you it would be the same as if you do followed those links. Why would anyone do nofollow to outbound links if you don't gain anything (like saving juice for yourself)? Just to spite owners of those URLs? (Except f they are direct competitors, then "spiting" them would make some sense, but otherwise...)
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It's been ages since that update. And yes, nofollow tag is now more less useless, you can eventually use it you sell "traffic links" as a proof how they are not backlinks but just for traffic.