Patrick Gavin gave similar presenatation as his recent San Jose one.
He posted quite a bit of good stuff like some of the recurring themes on his blog (link naturally, neighgborhoods, use a variety of link types, etc). I will see if he posts his presentation online. If so I will update this post. Todd has got really good at presenting for starting somewhat recently.
Philip Kaplan of AdBrite showed his recently launched intermission ads (mentioned here). Also noted that AdBrite does not do direct links and is exceptionally transparent.
Online magazines are sometimes underpriced and have great link neighborhoods.
Gives example Google Search [advertise $15 per month -cpm]
look for websites for stuff like [this website closed]
run Xenu link Sleuth on directories to find broken links...some of those may be easy sites to buy cheaply
emphasizes alternative sources of links
look outside same networks everyone else is using
Q&A: there was a question about Google hating on paid links
don't forget Yahoo! and MSN give credit
stay on topic so you get direct value too
managing link buys?
you can use AdBrite to mine information (this could also be used to help you find what the top posts or topics are on some competing channels)
excel can be used to show link dates, which also helps show the value if you are tracking
Oilman mentioned search for powered by xyz forum + a topic (like sci fi) to look for some potential cheap link buys
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