I have made all my blog DoFollow and delete comments which are looking obvious spams. Other comments, which talk sense get the approval.
A lot of people use nofollow to cut down on Spam and avoid linking out to bad neighbourhoods. While this is a good idea for big and trusted sites it's a terrible idea for average joe's forum or blog. The correct way to run a startup blog or forum is to allow comments and signatures but to moderate them and to have warnings for spammers. Quality reviewing outbound links will improve your link profile as recently stated by google. Outbound links to quality and relevant sites help your search engine rankings.
Having quality comments that are dofollow is better than having no comments or poor comments that are nofollow. Not to mention you will have return visitors who may provide useful information on your site (and click on your ads).
I have made all my blog DoFollow and delete comments which are looking obvious spams. Other comments, which talk sense get the approval.
If a site getting good traffic and related to your theme, then I think there is no harm in going for no follow link there.
Nofollow is bad in terms of PR Juice but still its good for traffic IMO.
DON.
I definitely agree with deluxdon, I think using this NoFollow will be helpful in controlling links.
Nofollow links will only not pass link juice to the link in question but its grea for human traffic. Outbound links to a a relate site can help the site ranking and encourage readers!
Nofollow also count as backlink and also use for calculte the rank
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