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Bake,
recips do help SE listings. it's called link popularity. the more sites in the SE that are linked to you, the higher your link popularity for that SE, and therefore the higher your placement.
i run link trading sites, but i'm hardly helped out with link popularity at all, becaues most sites use scripts to send hits and therefore are not 'real' links.
i use scripts for my referrers, but my links are still 'permanent' links. the link itself is created by a script, it doesn't run a script when it's clicked on.
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