Its probablly been done, but will someone post about link building basics. It would sure help us new guys and a good refresher for the rest.
1) Start with high quality original content. All the rest is, IMO, based on facts, rumors, assumptions, and myths about King Goo. 101) Now contine with quality content, and aim to trade or buy links with sites very relevent to yours.
It was actually done not to long ago by Andy Hagans and Aaron Wall. Here is a link: http://www.seobook.com/archives/001792.shtml I believe this was a link bait attempt, which worked quite well