Works perfectly. Yes, you could just paste the code into your theme, but Joost gives you a nice additional feature to easily track outbound links with this plugin and that is mainly why I use it. If you have a post such as XYZ Great Widget Review and you want to link out to the companies site or to an affiliate link you could create a link such as xyz.com/OUT/recommend-great-widget/ and it would track that as an OUT link within your analytics account. Great way to easily track who is clicking on your outbound links.
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