be sure to note that when you post.... too many times people post things and try come across as if they are stateing a pure fact, when in essence it is just an opinion based on your experience....
While you are most likley right, there is no real proof that internal links are devalued. We just added footers and linked each and every keyword that appears in our web pages to all of our web pages and once google indexed them our page ranks and positions in the SERPs shot up!
So keep making internal links... they currently help us immensly.................
I would not use common sense as a defense... google is not that intuitiuve enough to decide if a link on a page is valued higher or lower based on where is lies... a link is a link....
then again... that is my opinion based on 11 years experience searching the net and studing this................
