Dragonlist is the script used on TripleXworld.com as well. Love it!
I've seen Greenie say this a few times and it proved to be true for my LL. Be ready to wait about 3 years for it to perform how it should. My LL is 3 this month and only here recently did things start looking much better.
If I started over again, I'm not sure I'd do any link trades on my index page. I would most likely try a slightly different approach there, such as using main page for link trades or other domains to setup some a>b>c links.
Other than that, just be ready to work hard and long for not much return for a while.
Best of luck, and when you have it live, hit me up for some links.