First of all let me say what is acceptable practice: – Constructive comments that add to the conversation and value are the ones that will earn you credibility. If all you have to say is “Nice post”, “Very Nice”, “Thanks for sharing” then you might as well not comment at all – for many bloggers will attribute your comments (if approved) with a no-follow and its of no benefit to you.
Having said that, commenting on blogs is a way to build back links and at the least if the blog owner has attributed comments with a nofollow then you will get some traffic back to your site. If your comments are beneficial to my readers and the site they point to is relevant to my niche then I am more than likely to grant you a back link.
So when commenting to gain the benefits of back link and traffic from other bloggers then be productive, add value to the blog/post you are commenting on and get back the same in return. Do not abuse the system and be a spammer with 2/3 words comments – a 5 word comment can make a lot of sense and can be very helpful to other readers. Blogging lends itself to a sense of community so be part of it and reap the rewards – with the advent of the web 2.0 and social networking the benefits of blog commenting can only be realised when you participate fully.
As a blogger myself I welcome comments on my site and infact I encourage them – I evaluate each comment not only based on the comment but the site you are linking to. I may approve a 2 word comment based on the site if I believe my readers will gain from visiting it even though I attribute your link with a no-follow – And if your comments are great with a great site to go with it then you will definitely get a do-follow link, that way we both benefit 
What are your views on this method of gaining back links? And what of bloggers who do not permit a do-follow on all comments? As a blogger what are you doing to combat the spammy part of comment abuse? Do you comment for the sake of commenting to gain back links to your site? lol lets see how many will answer the last question with honesty 
P.S: The best of back links that Google love so much are the natural links 
– say I see your site and I love it so much, since I believe it will be beneficial to my readers I link back to you (without you even knowing ) – now that is the kind of back links you want, so if you like my site please link back
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Can i take a one small picture from your site?
Robor
Hey Robor
What picture would that be?
Yes blog commenting can be a powerful method for gaining backlinks. Just make sure to implement it aggressively to see the results you’ve been aiming.
Hey Justin, thanks for stopping by
great tip.
and if you haven’t as yet, do check out his blog and you will soon realise why I am a fan.
For those that don’t know Justin let me tell you this – there are very few Pro Bloggers I pay close attention to what they say and Justin is one of the ones I follow closely
If you are looking for great tips, hints the best of advice online then Justin and http://www.sitefling.com/blog is a must see
And while your are there check out the video on his take of duplicate content – I hope its still available – pretty informative!
Great Post .Whay i cant subscribe to your feed? it seems there are a problem..thanks
Hi and thanks for the compliment
appologies for the feed subscription problem, its fixed now
Great Post brian, makes sense.. well i just thought i would say Thank u for this post
@imran – No problem mate
– BTW the name’s not brian 
I think I know how that happened but I won’t mention 
Great information here. I will be coming back.
Thanks for the information!
Thank you for sharing your post, I really enjoyed you post.
Yes blog commenting can be a powerful method for gaining backlinks. Just make sure to implement it aggressively to see the results you’ve been aiming.
Great job…. Thank you for the information