no guys..its nothing like submission to directories is beneficial for those having a lot of traffic..in fact the newbies use it more..

@therealdeal..jagan if you submit your site to them as they have their own page ranks and traffic for various categories..your blog/site gets free exposure with that very page rank and traffic when someone gets under your blog's category and sees it from their site..

secondly..some people(in older days many) use free directories just lke our telephone directories to find good sites related to their interest like we find telephone numbers..and i9n that way they can come across your site too