I respect your opinion, and like I said, every situation and website is different.
We have about 13 sites up and running, and only 2 of our lower/middle sites got affected that do revenues in the low/mid 6 figures each. Our higher/bigger quality websites did not get affected that have footer and/or sidebar links but for other reasons I believe. However, we still are adjusting our sites that did not get hit including removing most footer and sidebar links.
I don't think just removing footer links will get you out of the Panda or Penguin penalty, but I do believe it will help and is just 1 piece of the big pie. As I mentioned, I have adjusted several things and the positive results are showing.
The few trusted experts are the single entrepreneurs that make net revenue in the 8 figures. Now, if you personally make $10-$30 million net a year then I would respect your opinion more. If you don't, I will continue to trust my experience and the people in my small inter-circle, but you can feel free to laugh in their successful face if you wish.
Again, as I mentioned, every website and situation is different with dozens of very important factors that come into play. All I am saying, based on experience, is I wouldn't recommend adding 150 internal links to your footer or sidebar to every page/most pages on your website. Take it with a grain of salt, and all I'm doing is trying to help and share real life experiences.