Here's my thoughts on this. . . It is no good long term.
Just one look at this program shows me it's completely logical. Linking should be anything but logical.
It should be chaotic. Random.
From his FAQ page:
The main difference with our directory is that the listings in it are all linked to each other.
This will present to the SEs a definite pattern
to your linking. Patterns are bad. Very bad.
Plus all link pages will probably be close to being duplicates.
If he is using sub-domains as link tools he isn't really thinking this through. A sub will still have the same IP let alone same c-block. Remeber you want varied c-blocks linking too your site.
Also if ALL sites are linking to each other then there is a relevancy thing going on. It is best to link to relevant sites. Do you know who you will be linking too?
It is my opinion that you are best off doing things by hand.
Start on this forum.
Join my forum :http://www.pheedster.com/linkforum/
Join jlknauffs forum: http://www.linktradeforum.com/
Get a csae of beer and take a weekend to go through this directory list: http://www.pheedster.com/directories.php
Take another weekend and go link hunting and use this template: http://www.pheedster.com/linkforum/viewtopic.php?t=16
(I've had great returns with this one.)
All of this can be done for free!
It takes some time yes but in no time you will be a linking God. In most cases you do not need thousnads and thousands of links to get things rolling. As an example my marketing site has about 10,000 links(collective between the SEs) and does good. On the other hand one of my kids sites has about 100 and does awesome. It depeneds on the market.
Just my thoughts.