RustyBrick pointed out a new free SEO tool by Sufyan that searches through a page or site to look for links to sites that are banned in Google. It is designed for smaller to mid sized sites. The tool returns a list of pages you link at and their PageRank. The tool lists the age and URLs of pages that do not appear in Google.
Most large quality sites probably have at least a few links to banned sites, so you don't want to let Google become the editor of your site, but if most of your links go to banned sites that could hurt your site's reputation or ability to rank in Google.
Currently Google is also a bit flaky on the URL search. With some of them they they give the signs of sites being banned while listing many pages if you do a site: search.
As for whois data vs web archive data - it really depends. E.g. none of these will show if a domain has been down for a couple years when it changed owners unless you dig deeper, etc., so it's a difficult one best done manually to be most precise. Also, web archive does not add domains right away - it takes time, it's updated from time to time, so it is surely up to you as a developer to decide what data you want to rely upon - but be sure your tool's users realize what is meant by the age of the domain. Whichever you choose would be fine with me but we need to bear in mind that this is just an approximate estimate to show whether or not the domain is not indexed due to its young age or if a ban is likely.
Unfortunately, the banned tool just checks to see if the site is indexed in Google. A better measurement would be to check Yahoo, MSN, and archive.org to determine if the site "should" be indexed already. Many sites appear to be banned when they simply have not been indexed yet. Furthermore, it shows sites that use a robots.txt file to prevent spidering as being banned.
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