I presume what they're working on is that as the page containing their link is not linked to directly from your homepage, that the links page is therefore likely to have a PR of zero and therefore they gain no PR from having a link on your links page.
Whether you support that argument depends on how much you believe PR still affects search engine ranking
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Never argue with idiots. They just drag you down to their level and then beat you with their experience.
If ignorance is bliss then some of the people I know must be orgasmic.
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