Link wheels were the next hottest thing a little while ago but they dont seem to have the same value these days. Rather than follow a template that can easily be footprinted I would be more inclined to use a custom one. When using a custom one you know that there are not hundreds of thousands (maybe more) websites out there with a very similar linking pattern.
It is a kind of link wheel. In link trundle, links are established between your site and authority sites which in themselves contain back links from multiple Web 2.0 property sites and this will help your site more exposure