Looks like all HubPage links are no-follow, so what's the use there? Even in Squidoo, unless page is linked enough - it will never go anywhere and the back link from low quality/PR page is usually useless.
I used to use squidoo. Back then it was easy. But now it I couldn't make short posts. It asks me to add more content and say "have fun" which is no fun. For people who have little time, this is no fun. I rather choose wikidot.com - best of all.
Squidoo and Hubpages are quite similar, though now Google likes Hubpages a little more. You can't expect to make thousands of dollars using either of them. I use them to gain a little traffic, but honestly, there are better ways.
I think it goes back to the "value" question. Squidoo and Hubpages are obviously good platforms for displaying useful information. When creating pages on Squidoo and Hubpages, simply placing links would not generate much values to "users". But if you spend time creating an informational page on a specific topic or niche, that's how eventually your Squidoo or hubpages page will get found by other users and ranked better in search engines.
Squidoo is dofollow and hubpages are dofollow if you achieve a score of 75+ . I work with tons of web2 and i can say that my best ones are squidoo, hub, knol, gather and a few more. Beside that, a linkwheel is always a good to go
I would recommend doing anything on a high PR social networking site. I recently made a lens on Squidoo and I don't think anyone has even viewed it. But... Google picked up the links in under a week, which was one of the fastest of any other site I have noticed. Just to get a high PR link there is worth your time. Hopefully down the road we will figure out how to get the most out our Squidoo lens for other promotional methods but for now its a good place to start.
Squidoo is a great website, I do like the style of it. I think if you want to have a good use of it, submit good article to it. If your lens become popular, you will get traffic from it. By the way, it is Dofollow.
No, you can make plenty of money, but not from spammy lenses. You must take the time to build good, thoughtful lenses. Take part in their forum, promote the lens, etc. People are using Squidoo to promote other non-effective sites, when it should be the reverse. You have a much better chance to make money from Squidoo than say, build some lame blog and hope for Adsense to payout.