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I haven't noticed any ill-effects from something like directory submission. At most, you're going to get a few hundred links, not the thousands that spammy Viagra sites get.
It's all relative - I really doubt Google or any of the SEs would concern themselves with numbers that low. There are way too many legitimate sites that could gain 200 links at once just by submitting an article or hitting the first page of Digg.
Also, keep in mind that most directories don't approve your link right away, so you wouldn't get all of the links at once anyway.
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