DMOZ does matter, as do many of the old directories that are hand curated (Yahoo Dir, Business.com, Best of the Web, and hundreds of small directories). These

DMOZ does matter, as do many of the old directories that are hand curated (Yahoo Dir, Business.com, Best of the Web, and hundreds of small directories). These directories are valued by the search engines because all listings are not automatically approved, so there is a certain quality aspect to the listings. While the directories don't send very much traffic, they do pass trust to the sites they are linking to. It can be tough to get a DMOZ listing, particularly if the category you are applying to doesn't currently have an editor. However, it's worth it if you can get accepted.