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Originally Posted by Bloggeries
I get offers on homebizblogger.com all the time for text links and sitewides. I tell them sure but it's "NOFOLLOW" and 90% of them leave. Simply stated small monetary gains are not worth cheating on your partner. Your partner is google. I say that because despite everything the majority of my traffic on all sites comes from it. Why would you ever do anything to ruin that relationship? If you get LOT'S of search engine traffic consider yourself blessed and do everything you can to ensure you never ruin a good thing. 
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most of my traffic doesn't actually come from Google. For my two popular blogs I received most of my traffic from web sites such as digg and reddit. those web sites have given me a lot more traffic than I ever thought was possible. John Chow is a good example of why Google doesn't matter.