I submit to about 70 linklists every time I build a free site. I think it is worth to submit to a linklist as long as you get LISTED - even if a linklist sends you a small amount of traffic a day - the smaller linklist tend to send better quality traffic plus getting listed gives you a chance for the page to be indexed by search engines. Just keep building and submitting. I get about 4000/day uniques to the warning pages of my free sites. Who knows how many other people are hitting the other pages from search engines but after 6 months, the money finally started to kick in
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Visit Greenguyandjim .com everyday.