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I don't think it was ever about "being natural" or quality with blog spam...more about sheer quantity of anchor text. Trying to do it slowly kinda takes most the benefit out of blog spamming I would think.
a.) Dead blogs are not really relevant, neither new content, nor lot of power that could be transfered through links
b.)many systems implemented nofollow systems by now
c.) As it was said already, there are only a few relevant weblogs in your business..
For building up links, I would consider it far more intelligent to set up an own weblogs, blog about your business, and then comment and trackback as suited for the weblog topic.
There are many weblogs that refer and mention great content/websites if you ask them, and many small refereres are not at all bad.
dead blogsgood idea, you'll need a reliable way of identifying them.
...for 9 months. 4000 links aquired...you better have a long list of dead blogs.
look naturalyes, probably
a sandbox beater?