We went with 120x60 for ours, which is very close to the same dimension as our buttons. We wanted webmasters to be able to swap out buttons for text links, if they wished, without changing the look of their page.
I've noticed that a lot of the recip links I see are much bigger than ours. Personally, I don't care, because the search engine spiders don't care. But I can't help wondering if the submitters are starting to worry that our recips will start competing for their traffic as those links become more and more prominent on their pages.
I think that the recips serve two purposes. One is to be spidered. The other is to help webmasters find places to submit to. Neither of those requires big visibility. Ultimately, I guess it's up to the submitters. If they think a particular LL's recips are too big, they won't use that LL anymore.
Gotta go, daughter's giving birth...
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