Almost every blogger has a blog roll but very few are making money from it. Although buying and selling blog roll links is not a new thing they were private affairs and there was no common market place for them. Well Blogrolled.com is here to change that.The service is pretty similar to Text Link Ads but instead of selling text links anywhere on your site you will be selling or buying blog roll links in one common place.
Big Advantage for Bloggers
One big advantage for Blogger is that you don’t have to install any script to use the service. Everything is done thorough e-mail so you can avoid the Big G’s wrath. This is a great chance to earn some money while keeping your PR intact.Pricing is done according to a flat monthly rate , and no details are given on how they decide the price. Signing up and adding a blog is pretty easy so you can get started within minutes.
Advantage for Advertisers
Well now you don’t have to go hunting for blog roll links , the time taken to find and contact bloggers relevant to your categories is saved. Blog roll links are no follow links and can really help in ranking higher in search engines. And visitors to a blog are more likely to click a link in blog roll than a link in featured sites widget.
Conclusion
Because its very easy to sign up and you don’t have to install any code to get started I think this is a very good and a easy way to make money online without pissing off Google. What I would like to see is them adding a referral program where you can earn some money for referring other to the service.Then again maybe that me getting too greedy 
I don’t have a blogroll yet, but I will put one now.
Thanks for mentioning blogrolled. Hope we will benefit more from joining this service.