The Blogroll: Managing Links in WordPress
It’s been said time and time again: links are the currency of the blogosphere. Once you start blogging you’ll probably want to setup a blogroll of links to blogs you read and recommend. Blogrolls help build community among bloggers, and they can also help new bloggers get noticed by peers (a good blogger will almost always follow a new incoming link and check out the site doing the linking).
This video provides an overview of the WordPress blogroll functionality.
With version 2.5, the blogroll functionality has been renamed “links”. Links have been promoted to a content type along with Pages and Posts, and are created and managed from the Write and Manage menus. These changes are demonstrated in the updated video below.