In-text links, it's argued, are often used for jokey links that don't really add anything to the story, and perhaps more importantly, can make the writer sloppy;
A sentence that's written to include hyperlinks won't necessarily make as much sense without them. You write differently when you know you can't dodge explaining yourself by fobbing the task off on someone more eloquent or better informed.I think there's some good points here, and as an experiment I'm going to try and do less linking inside articles and use more end-links, and see how that turns out.
Salon.com: The Hypelink war by Laura Miller
Amazon.com: The Shallows: What the Internet Is Doing to Our Brains by Nicholas Carr
[Wow -I feel like a grown-up!]