A poll was conducted at “The Trail” on Google’s stand on links. Well, majority still believes that Google won’t get over links anytime soon. That’s what 64.1% said. Others though believe that caffeine’s existence would change things and thus some believe that Google would soon lean more towards relevance.
For a good read, here’s the link to the article, and you can follow the links to some other good resources from there.
Search Geeks Speak; Google loves links | Latest | News.