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Personally I think that a webmaster has an extra chance to sell his sponsor if he can give his site a good description.
A good description is what makes his site stand out from all the others on the link list.
For a list owner to level the playing field by writing his own descriptions is a bit unfair and tends to favour the weak.
On the other hand there are some link lists that send so much traffic that I can handle them wanting to write their own descriptions.
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