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Excerpt: I had to write about it eventually.  DMOZ is a horribly corrupt, flawed system.  Personally, I hope it goes away.  With the evaporation in importance of the Yahoo! Directory and the closure of Zeal, the writing on the wall is no longer just writing.  It's happening.  And with AOL running it, you may also wonder why your password hasn't been released for academic research on passwords. That said, many SEOs are still a bit DMOZ-obsessed.  Even if the pages themselves drive zero traffic, the links, for reasons I do not entirely understand still do carry a disproportionate amount of link-equity. …

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