Link Wheel - An short introspection

Many of the webmasters have deceptive ideas about Link Wheel. Some of them thought Link Wheel as Link farms or some Black-hat fuzzy technique. Now what is Link Wheel?
Link Wheel is a collection of 6 web 2.0 sites having Good Page Rank connected together to your main website. The "hub" is any page on your website. On each of the 6 sites on the outer wheel we add content optimized around a single theme - a single keyword phrase.
Develop a quality article and submit to Ezine Articles which will create chance of linking back to your site. Next phase is, create 6 versions of Spinned Articles from the main article using some Content Generator and submit it to web 2.0 sites which will link back to your main article.
That's the whole funda of Link Wheel.