Going back some way in time I read that hyperlinks should always be blue. It is the industry norm thus helps people recognise a hyperlink when they see one. I use the cursor to do this and not trust to any color. Besides blue often clashes with the page tones and if you leave it to the default color it is glaring to say the least!
Personally for the last three years at least, I have ignored this piece of advice. Sometimes using blue and sometimes (more often) color coding the link to match the page or text color.
So guys, should the links still give us the blues? Or can design, taste and color now dictate our choice?