Any point in putting your link with a no follow tag attached to it ? Any benefit at all, or a waste of time?
It really sucks that wordpress and other blog packages add NoFollow as a default to comments and links. I really enjoy commenting on articles I find interesting, but I don't think it is too much to ask that if I make a contribution to someone's site, they make a small one back to my by letting me link my site. I think NoFollow is pure laziness and unwillingness to moderate comments. There are plugins that ease spam, and if you are worried about people posting things like "Nice Article Dude!" and getting a free link, just delete them when they post...
I think they're very useful. MSN and Yahoo ignore these tags. A couple of links on relevant blogs put me on the first page in these engines very fast. Plus I probably get some well targeted traffic as well (never checked that really). What I know well from my experiment is that I almost doubled my traffic and sales went up about 20% within 2-3 of weeks on the site. Besides nofollow links I haven't promoted the site for more then a year so there is no way I got this from some other promotion.
If you use word press and you would like to remove rel="nofollow" from the comment links you should have a look at this dofollow plugin.
Anyway most search engines do not obey any rules. I track all my websites from the logs and I've seen that even google goes beyond nofollow and disallow (from robots.txt) and I can prove it from my logs. I wrote special module to track bot activity on my seo website cms. Cheers, Venetsian. P.S. Stop waisting your time with nofollow or other ways to screw up your link exchange partners .. links are good! when you link to good resource you can even be awarded!
LM (linkmarket.com) check for this for you so I would not waste time looking at the code when there is tool there that will do this for you.
I can also confirm some of these from a test. In fact I also remember Matt Cutts from Google speaking about robots.txt saying they do sometimes crawl the disallowed pages and at times give them in search results. He even gave an example of a website. It was an international brand I don't remember exactly which one but it might be Honda. They had "disallow" on everything (most probably because their website had not much info at the time) but Google still returned it on top for that particular keywords search. This is a 100% pure speculation but I think that nofollow links still count somehow but have less weight and a more aggressive spam filter. This way nofollow would have it's purpose to work against spammers but the main idea of Google that a link is a vote would be preserved.
I've seen backlinks to my site from legitimate blog comments actually show up on Google. And those have the nofollow tag on them. Weird eh?
i don't think it's just a waste of time...though i must you must not give it much priority but still link from other site even with nofollow might just bring you traffic...