The most important thing in doing link exchange is to submit your URL with the same niche together with higher PR value.. If you don't want your site to get into trouble, then do not link with XXX sites..

As I told, Article writing and Forum posting is worth to try

I prefer doing some Google search for sites with whom I am going to do Link exchange. I research on the stats of the site and only then make the decisions

As per my experience goes I don't think that two way link exchange is of any help because Google, Yahoo. MSN easily find those links and give no importance to them. And those links remain as useless. Rather one way link exchange is better. That gave rise to 3 way link exchange. That too if found given no importance.
I want to know one thing in how many article directories I can submit one article? Can I put the same article in Forums and blog. Will it be of any help? Or one particular article for particular is good?

Nice work friend.

awesome information,I totally agree with you.

some people join the forum only in that(signature) motive

hi,

Is the link wheel or link baiting is the best either than this two formats...??? meet again.

Thanks nice information...................

Dear Webmaster,

My name is Gopal Das, webmaster for various travel websites.

I came across your travel website when researching on Google and would be interested in exchanging website links.

I can provide you with 2 separate links pointing to your domain, which will give valuable influence in helping your site rank for your desired keywords.

In return, I need you to kindly add my link for:

Antigua resort - Its Rex Resorts, the most memorable resort holiday one could ever experience.

Please mail me once you’ve done this so I can add your website my two websites. Do not hesitate to contact me with any question or query.

Kindest Regards,
Gopal Das
ecelticseo@gmail.com
+91-33-23576344 / +353-1-6625810