The largest failing point of the link list model has always been its integral dependence on search engine traffic. Most TGPs and MGPs use traffic trading scripts, which, with hindsight being 20/20, is fair to say was a brilliant move right from the start.
Toby is most likely right, that putting one's efforts elsewhere would most probably reap greater and faster rewards. My ideas are intended to help the link lists that will always be link lists, in one form or another. Obviously, there is a stubbornness to us and we'd like to keep the dream alive.
Anyone with the tiniest inkling of SEO knowledge would look at a link list and be amazed that they still get SE traffic at all.
We pretty much do everything Google warns us not to do. We are reciprocal link-farming keyword-stuffing fools - and sort of proud of it.
The pure beauty of it is, we no longer have to worry about the sky falling. It has already fallen. We're walking on it right now. Whatever changes we make, should help us in the long run.