Linksexchange "system"

Hi, i'm new here. I decided to post here my question cause i can hardly find an answear in my homecoutry (The Netherlands) forums.
Some weeks ago i run into a guy that's designing a Linksexchange system. I never heard of something like that before, besides link-vault, but this one seems to be different. Ok, why my question? Because i'm not sure if it's "safe" to use. However the "system" isn't running live yet i managed to get in contact with the guy "building" it and get a raw description of that "system". Because it's in Dutch i'll try to translate the major idea of it in hope some of you would share his opinion about it with me. I appologize for any misspellings in advance, English isn't my language.

How the system works (have to work):
1. You add a site to the system (you have to choose a category) and place a piece of php code onto your pages (all of them). For each website added you'll get some points. The php-code will create max. 5 linkplaces on your site (every page) where links from the system will get placed.
2. You add a link to the system. It doesn't have to be the link to the site you've added. The system will place your link onto pages of websites in the system. You can choose from some categories (theme relation), also you can choose how many links a day the system will have to place (daylimit) and how many links in total teh system have to place (total limit).

Furthermore one idea of it is quite good, the system consider every subpage of websites as a unique page. Simple mathsum: a website with 10.000 subpage's have 50.000 linkplaces.
This could ethen work fine only if there are many sites in the system.

I've heard they are allready running some beta tests but still i would like to know if this kind of "linksechange" wouldn't be considered as linkfarming. IMHO: no because it ads only 5 links (randomly) onto your pages, but i want to be sure before i join this system.

I won't place a link to the site because i don't like spam, i don't want people to consider me as a spammer and their/his site is in Dutch so most of people here wouldn't ethen understand the language

Thanks in advance for your replies/advises

there are a few systems like this out there, i got a warning from the mod here not to mention names but search around, some of these systems are uop and running now for years .
i am using one and like it and tried another one but it did not work well for me.
PM me if you want the URLs I think it is agaist the TOS to post the names here
/Jake

why are you looking for a link sex change?

lol, I had to do it !!

lol, i warrned you guys for my bad english ;)

@123SEO101: thanx, but i cant pm you :/