Rollo - 3:53 pm on Nov 25, 2005 (gmt 0)

One thing I have noticed is that, IMO, Jagger has started to penalise (not only ignoring) indirect reciprocal links

No, I didn't notice this, do you have some eveidence of this? I suppose Google could do it, but it doesn't make sense that Google would penalize the target (recipient site) as this would allow one's competators a means to harm someone else's site. It's more likely Google would just ignore them.