I don't see anything particularly wrong or risky with the links you have right now. You just need to vet any additional submissions.
At the same time, though, I think you could usefully make the existence of your links page more evident. "Add you URL free" means something to webmasters, but it doesn't really connect with the browsing public. Something like "Useful local links" would make more sense -- and any webmaster worth his/her salt will know that they could add to the page if they were so inclined.
Duncan
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