I've just started a new site recently and I've had quite a few offers for link exchanges, so I created a links section in my site for their links. Are their any cons having lots of links on my site to other sites?
Inbound and related links no problem with that but outbound and unrelated links I think it has some bad effect on your site. You can read this link about Quality Links to Your Site
I'm not buying and links and they aren't randomly exchanged. They have been with sites that are in the similair area to mine but not competing in the same niche and they have all been atleast pr4. They have all placed links to my site with my keyword and sometimes with my logo. They are all relevant exhchanges. Is this still bad?
overdose of link exchange may harm our site. it depend quality of web page which URL are placed on your site, never decide quality with page rank . if small description is placed with URL than it is good practice. http://www.google.com/support/webmasters/bin/answer.py?answer=66356 this link will help u
link exchange with out paying?? not me...you must chek their trafic.what If they just take advance from you