Donna - 4:55 am on Nov 6, 2011 (gmt 0)
My main money site does exactly this for 3 years, I have about 2000 pages 3/4 of them link to 1 individual site only with no other outbound links going from each page. Pages are strictly on the topic/theme of the given website and are dofollow.
Some do rank for low competition keywords mostly brand names but as high as spot 6-7 mostly page #2-3 if any. Overall it feels like you get some benefit but something is missing. A lot of those pages if not all have 0 IBL. If the link is affiliated here is the funny part, it GETS PR most of the time.
I have never tried to build links to those but the ones with user input(comments/reviews) are the ones that rank for the brand name of the given website. I will experiment with some back linking to the better pages and let u know in a month if I don't forget.
PS. When I got my OOP for 2 years those were the only ranking pages. Which was cool.