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I asked a similar question a few months back, the issues I see are,
Google is very smart at picking up these types of links now, purely for link building purposes. Do they count or not is the question, how much do they help? Its hard to say
for instance, let's say you have a brand new site, a few months old and you go on a mass guest posting spree, it may look quite sus
However, if you are an established site, and add some guest posts with already existing backlinks, it may look less so
I noticed the porndude went on a guest posting quest with his new cam site, he could maybe chime in here on how that went for him, but thats his business and he has backlinks from other high value sites anyway
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