Over the last ten or twelve years I've become an active member of many forums in my niche. As time went along, I added anchor text links to my signature on many of the forums, with the intention of getting some link juice (emphasis on "some") and also to get visitors. It works getting visitors.
At any rate, I see mentions of forum links in the Panda discussions, and wonder if my links are hurting me. I have over 200,000 links from one forum I frequent every day and where I post several times a day. Take thousands of posts and a few anchor text links, and you get to 200K pretty fast.
On other forums I have varying numbers of links (this all according to WMT).
I don't want to ditch the anchor text links if they're not hurting me, as they do bring traffic.
Has anyone been able to establish what effect if any such links have, or in such quantities?