The second is that having a link to every site that links to you will likely reduce the value of the links. In other words, if all you ever get is Reciprocal Linking, you will likely move up the SERP's (Search Engine Results Page's) but you won't reach your sites full potential. Having a mixture of all 4 strategies will appear more natural to the engines.
The third is having all inbound links to your site on "linking" pages will make those links less valuable than having a natural link on a contextually relative page for a percentage of the inbound links. The higher you can drive this context percentage, the better your website will rank. These types of links are often some of the most difficult links to generate an exchange for because it requires more time and effort for both website owners.
The fourth is to have links inbound from all different ranking sites. If all you have linking to you is page rank 6 and 7 sites then you are likely to be sending the message that you purchased your links and that is not natural to the engines. Some would argue that purchasing links for driving traffic is just fine and it is. However, you should not expect the search engines to give those inbound links very much weight when calculating your SERP positions. It is significantly more natural for you to have a large number of rank 1 and 2 inbound links and a decreasing number of inbound links as you move up the page rank scale (0 - 10).
The fifth is to have the text of you inbound links varied. It isn't natural to have every website that links to you to have the same text on the link description. The natural tendency would be to have a certain percent be the sites name, but after that it should be a wide variety of description. Your link text description is a key factor for how your site/page will rank, so make sure that you keep that in mind as you specify your preferred link text description on your website.
Finally, it would be best for a good percentage of your inbound links to appear within the text of a page that appears natural for the reader of that site. And for those links to not all point back to the home page of your website. It's most natural for a good high quality link to appear in the text of a page and have it point internally within your site.
So, when you begin or continue your SEO activities keep all of these things in mind and don't be impatient. Impatience could incur penalties or worse. Your website could end up in the "sandbox". It is rumored and becoming more concrete that Google supposedly uses a sandbox that questionable sites are put in until they have aged to a point that Google no longer feels that they are being manipulated. Many of the search engines use similar protection schemes to eliminate spam sites and manipulation sites to keep their SERP's from being cluttered.
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