After much negotiation, I've managed to secure myself a "page-for-page" link exchange with the current #1 site in google for "carbohydrate counter". We have pretty much exactly the same PR for each page according to the tool bar, so it's a pretty fair exchange.
Let's see how this helps my rankings. I'm currently ranked #101.


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Another good thing is to separate your link pages into categories. They will appear in the SERPs for other keywords, and many people will ask you for link exchanges. For example, if you have a page for "Fitness Software Links" I will gladly exchange links with you(so will my competitors). This will build overall page rank(not local score). Everyone will want to trade links with you. Look for the top sites on "diet", "fitness" etc. They are mostly link exchange PR based. So you get high overall PR + local score PR.


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