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I used to do a lot of BL in my SEO. Had serveral VPNs and Magic Submitter (along with a few other tools). Created burner sites, 1,000s of web 2.0 site that I blasted with backlinks, had several different campaign styles that I would alternate.
Kept this going 24/7 for about 8 months. If done right you will only lose your burner sited to de-indexing, but that's why they are burner sites.
Built up a great deal of backlinks but the 'real-world' result was minimal. Not worth it IMO. Paying for captchas, VPN, BL software, etc. At one point I was running 5 VPNs, each with multiple and diverse campaigns.
I'd rather just have a good site that ranks for the content and service that it has. Has a better long-tern effect.
For those of you that have a blog or forum and receive some submission like, "Hey nice post, I really think your contribution is beneficial and serves a greater purpose. I will be sure to mark your post and follow often". Crap like that, we'll that's crappy BL stuff.
Used to be easy to rank, but now it takes great content (and a lot of it) and links to relevant high authority sites. SMM and Adwords. I think BL is a very temp solution that will most likely do more harm than good. Not knocking it, I'm sure there are pros that can make it work. It 'did' work for me, but just not the results that I thought were worth it.
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