Robert_Charlton - 5:46 am on Sep 14, 2012 (gmt 0)
The list looks like it had its genesis as a checklist for link exchange/ buying/ or begging, at its roots determining how much PageRank is going to get funneled to you. As such, it's ignoring other important aspects of the link, in particular whether it's "a freely given editorial link from a relevant site".
If the link is freely given, whether begged for or not, the dynamics of the deal suggest that it's most likely OK. If there's a quid pro quo, then you ought to start looking deeper at what the footprint of the link, the linking page, and the linking site actually is, no matter how good all the other factors seem on the surface. There are some tempting deals out there that apparently 'satisfy' points 1 thru 9 above (however you slice them) but which will get you in trouble.
If the link is freely given and is actually going to bring you traffic, it's very likely going to be OK with Google. See martinibuster's comment on #1 above. Also, as tedster says, make sure it isn't part of a link wheel.
Otherwise, you'd really better know what you're doing. That list won't tell you all you need to know.