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Originally Posted by Phoenix66
Since this has an empasis on hardlink trading do actually hit counters do any good as a ranking measure?
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Hits, to a certain degree, represent the quality of the link to your site (assuming you only get traffic from that hardlink). A good textlink, one in a relevant place on a site and without much competition from other links, gets more hits than a bad textlink. That, and it is likely that a site with a decent amount of traffic is a more valuable link partner.
In my opinion, a good way to rank sites would be by something like hits*pagerank*tilt (where tilt is a number assigned to linktrades based on their number of backlinks, apparent relevance, etc).
Aside from that, I think that it would probably be good not to forget that traffic provided by link trades may still convert, especially with the traffic being non-blind
