What is going on with Dmoz?
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Does Dmoz links still have impact as a high quality link?
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This: http://www.youtube.com/watch?v=KCY5pbAuYpk
It's nothing more than a solid link. Don't hinge your strategy on getting in, few of us do nowadays in competitive niches. Apply to be an editor and move on with your life...
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I dunno that I'd even apply to be an editor. DMOZ is basically a link club, and a very exclusive one at that. It's a good idea to apply for a link but your application may never get reviewed and, even if it does, you might get rejected anyways and never find out (unless you have a pal who is an editor).
And all that drama for a single one-way link...
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Right, most of the time you won't get a response when you apply. But, there are some smaller and less commercial categories where I have heard of people getting approved within the last 18 months or so, so it's not a lost cause.
Definitely not worth more than 10-15 minutes of your time. Move on to greener pastures...
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Definitely submit (it's a high quality link). However, do not have any hopes. Spend 5-10 minutes doing your submission in the right category. If you are a regional business, don't forget to submit in your regional category. That works really well, only if your contact page has the physical business address listed as well as in the whois (Yes, the editors check).
Submit it, Forget it. If you get a link. Celebrate.
