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I personally give kudos to the guy. Atleast he's telling people that he's pulling their links. I know alot of people who would just remove the links and not tell the other parties.
I also don't like having too many hardlinks on my sites. Due to the recent PR updates, sites have gone up and down.
A site may have gone up to PR5 while alot of its trades may have gone down to PR3 or less. Perhaps he just wants to make room for higher rated sites.
Just my two cents.
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