I think paid guest blogging and subpar guest blogging without any creativity or effort is dying.
They even say it there: "Matt Cutts does make it clear that Google disapproves of guest blogging that exists for the sole purpose of link love. They frown on spinning and repurposing until all that’s left is “low quality article bank sort of stuff”. He suggests the high quality bloggers like http://plus.google.com/106967325646926628873, https://plus.google.com/+VanessaFox, https://plus.google.com/+DannySullivan are fine. However, he acknowledges things can be taken to an extreme."