Whither Blogrolls?

Interesting discussion at Burningbird on TrackBack, the shortcomings of links, and the desirability of removing blogrolls.

Although I may be a Dummie on such matters, I can grasp that there’s much to be said for Trackback. What I don’t fathom is the argument against blogrolls. My roll serves the same function as my speed dial and my pre-set radio stations. Why in the world would I want to eliminate it?

I’m not the only technically challenged user out here in BlogSapce. Anyone care to clarify this issue for me (and the other Dummies)?