Absolutely.  In my presentation at SMX Advanced this week, I touched on the critical need for inbound links to have a healthy variety of anchor text, as that is the only way to emulate natural links.

Brand variations
domain name
high level keyword phrases
mid level keyword phrases
long tail phrases
generic text

These should all be part of the mix, over time. And this would include, for local sites, anchors with and without various forms of geo.

Glad you're willing to Google it Chris.  I've no idea where to buy utility kilts And you bring up a very important concept - out of town searchers.  There are millions (billions?) of people who travel - for vacation, business, permanent relocation...

Forward thinking is critical to sustainable SEO.  However I partially disagree - some geo search will always exist.  As in my examples of "bay area" relatd phrases. The "bay area" I live within is hundreds of square miles.  there's no way humanly possible leaving that "bay area" out of the query will ever get me info on companies 40 or 50 miles away.

Including geo modifiers is always a good idea if it's a brick-and-mortar business that wants to ensure reaching the local and semi-local market online.  It does not prevent reaching other prospective customers in a significant way if done properly.

Be aware that some local terms don't show as having any traffic in the Google system.  This does NOT mean they're not searched, just that keyword suggestion tools are known to not be very helpful for local specific except for major geographic areas.

And given that, also consider including some next-larger geographic area phrases.  Here in my area, local could be "keyword + Sausalito" (the town) or "keyword + Marin" (the county), or "keyword + bay area" (the region) or "keyword + North Bay" (a slice of the region).

In some cases none of these show in keyword tools, in other cases, some do, and in some cases they all do.

Another factor to consider from this regard is the specific business.  If it's an overnight multi-day pet-sitting service (for vacationers), their customers might be willing to drive a bit more for better service.  If it's a car detailing service, not so much.

They sell some of the lowest forms of links and content imaginable.  It's a "bottom-scraping" revenue model.

sure, it would be defeating the purpose.  But here's the thing.  You either follow Google guidelines for paid links, or you risk the penalty they impose.  It's a risk/reward issue.  So you need to choose.

Since I only recommend SEO best practices that involve the least amount of risk, I recommend that you don't accept paid links in the first place.  but if you do, put nofollow in them.

As for sculpting links, I've personally never advocated spending time trying to sculpt.  You could spend hundreds of hours trying different arrangements and not ever know if you've made a positive difference, or if something else in the hundreds of search factors changed that day.

Ok - no actually.  302 redirects should only be set up by the owner of the site that maintains the page.

If you want to put links on YOUR site pointing to someone else's, make it a regular link but with the "nofollow" attribute if they're paid links.  If you're just linking to other sites because the link connects their related content to yours and you want to offer that additional information, don't do the "nofollow" or redirects.

Your own links within your site pointing to your own pages should be regular links, no redirects, no use of the "nofollow" attribute.

Good point Theo - we definitely need more info here.  I had assumed it was a case where Jeremy was just talking about a link he's got to another site - a regular link to a regular page, but where the site owner has somehow gotten a 302 going on that page.

Do you mean a link you have on your site pointing to someone else's site?  If so, that's their issue and should not negatively affect your site or rankings.