Just as many of you settled into your seats to watch Thursday evening’s debate between Joe Biden and Sarah Palin, Allen Stern of CenterNetworks was attracting his own crowd on Twitter after raising a question that strikes at heart of the blogosphere.

“It’s clear the link economy is broken,” he wrote, pointing to a write-up CNET News published on Friendster’s support for Facebook applications. The piece contained nine links, six of which pointed to previous CNET posts.

Not long after, Matthew Ingram piled on with a post dinging us for attempting “to prove how authoritative” we are “by making it look as though the only stories worth linking to are their own.

To say that their internal links are better than anything else they could possibly link to is just ridiculous.”

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If you’re a Web developer or recent computer-science graduate, these are most certainly the best of times. With the groundbreaking launch of Facebook Platform last year, and the subsequent emergence of multiple new [open] social platforms this year–MySpace, Bebo, hi5, Friendster, Ning, Meebo, LinkedIn, etc.–we are experiencing a Geek Renaissance the likes of which the software community has never before seen.

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