If our site has a page that just contained links from other websites (for link Exchange purposes), is that something that we shouldn't do? Any idea? All the while, my understanding of link exchange is to publish your link inside your articles but I do came across some sites that contained just one page with a lot of other websites, just wonder is that something that we can do? Please comment. Thanks
Having a page specific for link exchange is a good idea but you must find those who are willing to give you sidewide link to exchange. Link exchanges will help for new blogs to gain quick PR if the other party have some good PR and relevant but doing it excessively can get us penalty from Google too. So, if you plan to do link exchange, do it moderately.
yes there is no harm in creating a link page for doing link exchange with other relevant sites, many sites do the same, and if the links posted on the link page are similar in theme to yours then there won't be any problem.