This is a very interesting video done by Matt Cutts Google’s voice to my industry on the topic of article marketing. It is a must watch for all website owners.
In this video Matt Cutts specifically states that Google does not give weight to links from article marketing but specifically articles that are low quality meaning they are 200 to 275 words long and then have the wording changed by using article spinning software and syndicated out on hundreds of websites.
In other videos, Matt does say that articles created for sites in your industry that are high quality and that you have clearly worked hard on and sweated a bit over will give you link juice.
The bottom-line is that articles can still work for you for link creation but not typically in the way that many have done before and certainly not with volume “spammy” syndication.