In hypertext one also has to decide where within a node a link is to appear, and it is not unreasonable to think of a densely linked node as being 'granularised'.
In some ways this is the experience of such work where links are visually marked - a page with many links is a different cognitive experience to a page with no visible links.
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See that post with different algorithms in metabole
See the journal French Metablog with today different posts
