Link Wheels pass link juice, but your rankings may not stick long. Google frowns on these and they are fairly easy to spot unless you get someone who is a real pro at this. I'd just do it the WhiteHat way, myself.
Good thoughts WordWaves. Yes, G will catch onto your link wheel sooner or later - so you might as well go white hat and forget about the shortcuts.
Link wheels are not inherently useful in regards to SEO. Yes, they can give you an extra backlink, but since the spokes in the wheel are brand new pages, wiht little or no pagerank or authority of their own, they passes very little, if any SEO benufit at all. That doesn't mean that link wheels are completly useless though. Personally, I prefer to build link wheels are web2.0 properties that use the no follow tag. Why would I recommend using a 2.0 property that uses the no follow tag in my link wheel? Its simple, really. Web2.0 sites that use the no follow tag accumulate pagerank at a faster rate than other sites. I'm sure everyone has noticed that their twitter profile has pagerank. I know you're asking yourself how that benefits you, since you don't get any benifit from linking to your site from your twitter profile, right? Well, higher pagerank means it's easier for that page to rank well in SERPs. So what I do is build link wheel spokes that rank well for long tail keywords, the same long tail keywords that my target sites ranks well for. Then I make sure to place an obvious call to action that takes visitors to my target site. This allows me to have more than just my target site at the top of my desired SERPs, each 'funneling' visitors to my target site. Can you imagine having 4 out of the top 10 pages on a serp? Talk about dominating the competition. The best use for link wheels is not for the direct SEO benefit, it's for capturing more organic traffic and sending it to the target site, very much like landing pages.
This is complete answer to your query, I was going to put the same points and all of them are covered already.
forget about linkwheel if you are serious about your website and it's for long term business. However, if you just want to make some quick bucks for some cpa offer see if this 'wheel' thing really works, go try it out! You will never learn unless you experiment it yourself afterall.
Link Wheel Strategy is latest strategy of Search engine optimization and it will give boost up to your website immediately but make sure your lenses must be proper with good inter-linking and with content cause as you know that "Content is King"
I have seen link wheels in effect almost since google opened it's doors - they are an effective tool in seo.
I'd apply it and my dummy blog, and what a surprise that many of my dummy blog got PR4 or PR5 but I have never felt PR6, hahaha ....
Link wheels are effective in done in a right way. The content should be keyword rich and should be well optimized. DO NOT use same content to the linkwheel properties. I have seen a boost in website ranking.
Basically, your unique content such as article posting, images and streaming media comprise a property and link wheel concept helps in making it possible to as if create a standalone site. Google search engines usually love sites which uses Web 2.0.
I've been trying to do a link wheel myself. I got a map that another SEO company use to develop their link wheels. I've not seen a huge change after doing it - like others have said I think its because many of the spokes in the wheel are new pages in their own right. Not convinced about paying someone to do it for me.
A link wheel will hurt your site.. a link push will help your site. The search engines see a link wheel as unnatural group linking and thus give you no value anymore.
I guess his here telling us that he's actually doing it and wanted to have assurance if he's doing the right thing,anyway it's good to know that there are someone from this forum who are doing the same thin as I was.This strategy is very helpful and effective but do it moderately.