Bewenched - 5:15 pm on Jun 12, 2012 (gmt 0)
Matt is most likely talking here about links that were completely unsolicited, not about links that you just wish you hadn't bought. It's hard to say what the forgiveness factor would be on those. The relevant quote from the article...
But who's to say who bought them. Your competitor could easily pay for those links to you just to trash your sites rep.
I do love this idea and really do hope they implement this soon. We have several overseas sites with spammy links to us that I can't even get a response from to get the links removed.