"Online Directories Offer a source of easy links and remain a good first step for many link building campaigns. Yet, many links from directories offer little value. Ken McGaffin outlines his approach to link building with directories.
Not all links are the same. If you're trying to get links that will boost your search engine rankings, quality counts. A small number of inbound links from relevant, authoritative sites can greatly improve your site's rankings while dozens of links from lower-tier sites can prove next to useless."
Links from directories are of questionable value, but they should provide some value.