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Article marketing is not suitable for all topics. Articles written about 'pineapple flavored dogfood' will not be picked up and distributed anywhere near the amount of times that an article on 'web hosting' or 'internet marketing' or 'make money from home' articles will be. It's not only because the market is smaller for 'pineapple flavored dogfood', it's because dogfood website owners aren't as likely to seek out pre-written articles for their websites in the same manner that hosting, IM and make money at home website owners do.
Getting your article listed in 2 quality (high rank/traffic, etc) article directories will far outweigh the value you'll receive from submitting your article to thousands of low quality directories.
Having home page Google Pagerank does not automatically mean that a directory is of high quality nor does it mean that a link from this directory is guaranteed to help you.
Incoming links to your website are not likely able to harm you. However, you shouldn't waste your time seeking things that are not going to have a noticeable & positive impact on your website.
There was a time when you could stuff your meta content with words & grab top rankings in certain engines, there was a time when you could shoot to the top of Yahoo with FFA Network submission, there was a time when Safelists worked to bring in traffic and money, there was a time when blog spamming produced good results and there was a time when article submission software would have been beneficial. However, that time is not now; that time is over.
There is a very short window of opportunity between when 'the masses' catch on to a proven income producing (or traffic producing) method and when the method becomes less effective or useless. Sure, there's people banking on these methods way before we ever hear about them, but once "we" get ahold of them, we destroy the effectiveness of the method.
As marketers we destroy the very methods that we wish to employ due to automation; and in terms of article marketing, Search engines are already 'on the job' in terms of filtering out significantly duplicate content. . . which is exactly what article marketing is; the exact same thing posted to hundreds & thousands of websites - utterly useless.
All that said, I am not against article marketing - I am 100% for it, just not the form that submits to hundreds or thousands of article directories.
That's my opinion, not meaning to rain on your parade.
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