Two great variations on that theme:
1. Have a PR5-7 page and frame a geocities or netfirms page and put all the links on there. They link to your site and you're not linking to theirs, geocities is. This works a charm on webmasters who don't check the coding, simply check the link works.
2. Put the framed page with all the links in robots.txt:
e.g. have the links page:
as a framed page with FRAME SOURCE:
in robots.txt Most webmasters miss this as even though they check the robots.txt file they fail to connect the dots as cgi-bin is so common to see in robots.txt and in their minds eye they are searching for the /links/ folder.