milosevic - 10:55 am on May 7, 2010 (gmt 0) [edited by: tedster at 4:16 pm (utc) on May 7, 2010]
sandboxsam, you are asking Tedster but I can tell you the answer is no.
It's not a matter of over-optimisation:
Only the first link to a page in the source code passes relevancy to the page based on the link text used on it. This is something that has actually been tested multiple times:
So in other words, the extra link in the footer, certainly in terms of the text used in it is worth nothing, and the same is true for any link which is repeated more than once on a page. Remember I am talking about relevancy, not authority.
[edited by: tedster at 4:16 pm (utc) on May 7, 2010]