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Context links would be a labor-intensive content strategy, rather than an easier to create structure strategy.
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One mainstream broker is automating it.
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What I infer from your comment is that you think link structure strategies (small linklists being an example) are pretty much doomed
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Small linklist owners will never win the catch up game by relying on old tactics, but they're far from doomed. In fact, newbies have an edge over older webmasters now because newbies are more open to change and thus quicker to adapt.
You see "studio.montserrat.edu/gd/old/lesbian-porn.html" ranking 5th for "lesbian porn", outranking LOR, smutgremlins, and hoes?
You think that url nailed 5th position for "lesbian porn" by collecting thousands of free site recips?