Excerpt:
At first when I started messing with link wheels I thought that you just made the
link wheel and that was it, great rankings and move on. I even made a blog with posts I did for 8 months in advance. Well after the 8 months was up I was getting a whopping 4-5 UV per day from Google. Fail.
Of course I was wrong, because a link wheel is only a tool or a start. Its like your core. You need to link to your link wheel. In the game of SEO its about looking natural. If all of your links are pointing to your main site, Google will know that its not natural. However if you had a site that went viral and everyone linked to it cause it spread by word of mouth, then you would have links showing up all over web 2.0 properties.
h**p://mattborden.com/why-should-i-link-to-my-link-wheel