<a href=/fluidSystem/popup/links/?action=linkto&id=762&url=http%3A%2F%2Fwww.bodyboarder.com title="Bodyboarding" target=_blank><b>. BODYBOARDING</b></a> Code (markup): Will this work as a proper text link? This very good related site is linking to me will it pass pr and will it work as a normal text link should because of this stuff /fluidSystem/popup/links/?action=linkto&id=762&url=http%3A%2F%2Fwww.bodyboarder.com
No this is not an ideal link. Too many dynamic stuff in there. He should just link to your domain without any of the additional code.
If it uses a 301 redirect, it should pass on the PR. I normally just do a straight textlink, but if you're using that for tracking purposes I could see why. 301 redirects pass on PR benefits.