I think it would be interesting to see a page with all members' favorite links compiled in one place. Of course, this would probably be pretty large, but I don't think it would be too hard to implement.

The problem I see with that is that search engines would see that page as a link farm which would hurt any chance the page has for ranking in search engines and may pass along negative link quality to the sites linked too.

We may be adding a digg like feature to the site where you can share your fav links on MLW.