HI MJ,

I just had an online demo of HubSpot yesterday that does have a link management feature. It takes the link: command from Yahoo site explorer and crawls each one to determine if the link is still active and checks for a nofollow tag. If it finds a nofollow it is highlighted in red, otherwise green. The only downside is that it costs $250 a month. The software does other things as well, but it seems like you are looking strictly for a link management solution, so I am not sure if it is worth the dough for you. I am sure you could set up a demo as well to determine if it is worth it. Hope that helps. Oh almost forgot it also lists the anchor text that it crawls.

-HawksM