Here's a little game for everyone. If you had your last £$1000 to spend on building some quality backlinks to improve your serps, what would you spend your cash on? Would you pay a flash designer to make you a cool game for linkbait? Would you pay an artist to come up with a funky picture or screen saver, again for link bait? Would you pay someone to write you 150 articles? Would you buy loads of directory listings? It's my bet that there will be such a difference of opinion (as there always is on these things)!
I'll spend the money google adwords for traffic with specific keyword, once I hit the traffic pretty higher, I'll start link building by blog walking
Although others might do differently, the first thing I personally would do is invest the $299 to get listed in the Yahoo! directory. After that...?
it depends really on the nature of your website, age of your website and your goals, if you are after buzz and traffic then link baiting is for you (1000 dollars is not enough to develop a quality flash game by the way) , if you are more after rankings for a specific keyword, then i would invest the $1000 in relevant links, quality directories, blog posts, forum posts.
I will Pay someone to create article and website to give high quality article and link into my website