How do you determine if a backlink is worth or not?

There is so much good advice already given but I would like to add a simple rule - would you link to the website? If you like it that much because content is great and relevant then yes, the link is going to be great.
 
As mentioned above... I see if a site ranks for any keywords.
I like competing with the sites which link to me.
 
To determine if a backlink is worth it, consider factors such as the quality of the website linking to you, the relevance of the link, and the amount of traffic the website generates.
Please try not to bump threads older than 6 months, cheers.
 
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