Very interesting article. Thanks AhmedF. If Google begins disqualifying links from blogs, I would think that perhaps Google may also disqualify link exchanges. What are your thoughts on this AhmedF?
If setup in a correct format I'm not sure how Google know it's only a "links" page.
I think it depends on the way it is setup. We will see shortly if the new Webmaster Talk directory pages are given PR or not.
I think the problem is when you have a page with tons of links and nothing else. They might also look for pages named "links" but that is probably not the case.
I have several "partner" or "othersites" pages on other sites that have not been effected in any way (yet at least).