If creating networks was in fact a useful concept, I think I'd most likely be doing it. But it's not a good idea, IMO. Instead of being in a position of having to generate enough links to create legitimacy for one website, it puts you in the position of having to generate enough links to create legitimacy for multiple websites.
If I need to fill a car's gas tank with fuel, building a gas station is not the smartest thing I can do.
Let's say I own ABC.com. Now, following your logic, I set up ABC-Directory.com and have ABC-Directory.com link to ABC.com to create link popularity for ABC.com.
This presents a problem. Problem being, ABC-Directory.com doesn't have any link popularity to give to ABC.com.
So, being a genius, I now go out and buy thousands of links for ABC-Directory.com to create link popularity for it so that it may create link popularity for ABC.com.
At this point, you'd have to shoot yourself in the head because you just wasted all that money and all those links on a secondary site when you could have gotten all those links pointed to ABC.com in the first place.
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I think you are getting blinded by the feeling of being slighted
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I'm pretty sure you know that statement is nowhere near to being accurate, and my guess is you just typed it to elicit a response from me. But on the odd chance that you actually believe that, I'll let myself be amused.