What about THIS linkwheel? [HELP NEEDED]

Okay, so I have never done a linkwheel before, but here is what I am thinking of doing.. tell me what you guys think... Here is the picture of the link wheel that I'm thinking... :



Here is some things to know...

The blogs that I'll be using are from here:


- Everything will be done 100% MANUAL.
- Articles will be rewritten, not spun (hiring someone)
- High PR blogs will be used (PR3+)
- Link wheel WILL NOT be closed
- 30 BLOGS will be made, each blog will start with 1 article, when 30 blogs are done (and the comments, signature, etc.) an extra article will be added to the blog (+ videos, links to PR8+ sites, etc.).

In other words... The second the blog is made with an article... another article will be added to it in about 31 days..

- Every thing that I will do I will also PING

And I'm not sure about bookmarking...


PLEASE.. COMMENT, CRITIQUE, Whatever!
This will be my first link wheel, and my keyword is competitive.

I need TONS of advise.

PLUS when I start it, I will keep you guys updated on what is going on with my site

Way too complicated, except if you have only one or two money sites in mind to backlink to. It's also not a linkwheel, more like a link pyramid/push set up. It will rank the site given all those high PR ranking sites. Good work setting up a current list of Web 2.0 sites, that you have linking in the diagram to your money site.

Dude, just make a effective link pyramid, why are you complicating?