It seems that 3-way link exchanges are frowned upon in the SEO industry, but how much does that limit out personal link trading. Am I allowed to talk to friends of mine and obtain links to Site A by giving them links from Site B + Site C, etc. This seems like a legitimate way to give and receive links to me. It's not like I am giving anyone low quality links from an off-topic; I just want to limit the number or reciprocal links, build a larger link profile, "trade up" to a higher PR link, and the list goes on.
I can't expect I'm the only person that thinks this is a fine way to get links to my sites. Has anyone experiences negative results because of this or noticed a distinct lack of positive results?












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it is just one more small thing to check off. I am talking a hypothetical HUGE network of minisites. 

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