indyank - 2:39 am on May 9, 2012 (gmt 0)

If Google really wanted to know which links were bad, or that you don't want, or that you think have been pointed at you to game your position as compared to your competitors, they'd just include a "Disregard Backlink" button next to the links showing in WMT's.

IMO that will never happen as the links shown in WMT are not all that you have. Google would never want to share a report that says "these are the complete set of links that we recognize for you site".