Creates shortcodes that will generate an unordered list of your WordPress links (bookmarks).
This plugin is more flexible then the Links page template. You can use any of the three shortcodes within a post, page, text widget, media, etc. You can also add other content surrounding the list, also when you change themes there is no need to edit the page.
Yes. Since version 2.0 you can use all shortcodes in text widgets.