With Google’s increased focus on linkspam with the Penguin release, a periodic review and pruning of your site’s backlinks is now a must do.
Your backlink profile may hold unpleasant surprises. All too often, web site owners have no clue what kind of links a past SEO company may have built for them. I’ve found gaming sites and even porn lurking in the backlink profile of a website whose owner would be horrified to be associated with. Even if you never have outsourced to a link building service or used link building software – that link building that you did 5 years ago, that seemed fine at the time, might be a problem waiting to happen – even if you haven’t had a problem with Penguin yet.