With this extension you can show links in various layouts, Show all categories in one page, or specify which ones to show, display if a link is new, show the description as a tool-tip or below the links, Display the category description below the link, Hide the category title.

The extension comes in 2 flavours:
1. A plug-in
2. A module
With the PLUGIN and MODULE you should still use the weblinks component to manage your weblinks.

You can choose to use either one or both extensions

1.: Plugin[Development by my]:
You should use the plugin if you want to show weblinks in the content position.

HOW TO setup the [more links] option please read this WIKI:
http://joomlacode.org/gf/project/allweblinks/wiki/?pagename=more+links

2.: Module[further development by Carsten Schneider]:
please see another entry