rogerd - 8:25 pm on Jan 1, 2004 (gmt 0)
Theoretically what you say is true, businessezines. If you don't link back to the spammy sites you shouldn't be penalized. Nevertheless, I wouldn't encourage such linkage if you have a long-term future in mind for the site. Excessive linking from bad places could be a liability if some other aspect of your site trips some kind of spam flag.