As posted on the forums, from Markku here are the details of the LinkBlog hack. It is a very cool idea and I use a rudimentary linkblog on my own blog. This one, however, is a lot more powerful, configurable and deserves some attention. Here is the writeup from markku
wp-recent-links is a hack (soon a plugin?) for adding a links blog to your WordPress-powered site, similar to kottke.org’s remaindered links. Compared to WordPress’ included links manager, this plugin allows you to have a separate archives page for your links blog, including monthly archives. You can see it in action on my site, it is labeled “Recent Links” on my sidebar, with its own archive page.
Here is the link to the hack.