I know people say links on such pages dont c ount much, they're discounted, etc., but is that really the case?

The link authority (formerly known as PR) that gets passed on from one page is divided by the number of links on it (though it might be a bit more complicated if they take location on the page into consideration, too).

In other words if you have a wack links or resources page with 100's of links, its not gonna count much, anyway...however if its a high authority site and the webmaster selected the links carefully (about 10 only), is a link from such a page really discoutned big time as many suggest?

Or is there no real evidence for such a thing as discounting links from pages on which it says "links", "resources", etc.? (just like nobody can tell whether .edu links simply help more because theyre usually high authority sites...and people just start speculating that its all about the .edu)