Allow me, if you will, to add one point about huge recip tables from an owner's point of view: if you thought recip tables were giving you too little traffic before, you'd be amazed at the complete lack of visits delivered by the new 30-50 link blob people are using now. Once you reach a certain number of links, all value is basically gone. Aesthetically, they're a mess, there's nearly zero SE value to the page (if any), and a surfer only finds your link list by accident.
This is the type of thing I'm talking about
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Keeping the links in a geometric row and column table or in a long blog roll type list looks cleaner and makes it more possible for a surfer to read the link list names and possibly check one out if he or she chooses to. Still no SE value, but at least there is a minor chance at seeing some traffic in return for the listing. The submitters who use the sloppy recip blob like the one above send pretty much no love back.
I find myself to be semi-amused by the fact that, as we witnessed the dramatic decline in the power of the link list, the owners, in order to attract submitters, decided to start listing sites that helped hasten their own demise.
By the way - you are all whores.