Squidoo will now apply “nofollow†markup to all outbound links... hq.squidoo.com/squid-news/changing-link-status-on-squidoo/
Yes, it doesn't matter. I use squidoo and getting good no. of traffic. In SEO quality back link and traffic both are important.
I agree. It doesn't matter if the link is no follow so long as the Squidoo page you're linking to is relevant to or is within the same niche as your site. All the best!
I see no reason to write for Squidoo anymore. Also looks like they're no-following internal links ( how dumb can they get?) Your lenses chalk-full of no-follow links are going to look awfully suspicious, dare I say unnatural, in the context of sites that link out naturally.