Telalinks.com - good idea or not?

[Essentia]

I found this website:http://www.telalinks.com/how.shtml

Is it a good idea to join?

Apparently I need to upload a 1kb file into my website that contains links out to some other relevant websites. Not sure if they will increase SEO rank of decrease it?

[KeriMorgret]

Agreed that  I would not dare use it either. You couldn't pay me enough to be part of that type of link exchange, even if all 5400 backlinks were dedicated to my exact niche (not that that many sites in my niche even exist!). If you look at the telalinks site more, you can see they do a poor job of maintaining their own site. There are multiple 404 pages when you click for an example of what a links page would look like, and in a random clicking of some of their sites in the advertising section I found a male porn site, a Chinese medicine site, and designer handbags. If they pay this little attention to their own site, I am really not going to trust what they put into a 1k text file for me to upload.

[petrakraft]

Hi Graham,
I quiet don't understand your question. You did ask if it will increase or decrease SEO rank if you link OUT to relevant websites?
What confuses me is the link you mentioned above, because this seems to be a platform where you get links IN.

First of all if you link to relevant other websites that's a positive sign for the searchengines but you will get no boost in rankings therefore.
Shortly to TelaLinks: If you can get 5400 backlinks for free to your site instantly - this is more than suspicious to me. These are no natural links and machine driven and in my opinion is not a white hat tactic and I would not dare to use it.
But I have to admit I don't know that platform ...