Google will still follow the link if it has nofollow on it. It just will not receive any page rank.
So my answer is yes, even links tagged with nofollow can help your site.
This is a discussion on Do you think nofollow links has any value within the Link Building forums, part of the Internet Marketing category; If you are getting links for traffic purpose, then you shouldn't care if nofollow or dofollow, however, there has not ...
If you are getting links for traffic purpose, then you shouldn't care if nofollow or dofollow, however, there has not been a concrete proof that the three major search engines aren’t passing some link juice through “no follows”. Because, we have seen some sites that claims they received some good link love from “no follow” links from authority sites.
Google will still follow the link if it has nofollow on it. It just will not receive any page rank.
So my answer is yes, even links tagged with nofollow can help your site.
yes yahoo search engine give weightage to nofollow links. and also it helpful in traffic point of view.
it has a value but it doesnt pass PR nor ANCHOR TEXT, it`s only good for crawling and caching your site.
I understand about your post, even nofollow link also usefull for getrting traffic.
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