Is Guest Blogging Important for SEO?

It is a tactic that you attract to yourself rather than provide attraction to another site... be highly selective yet negotiable in your process.

Yes thats true..relevant content will get our relevant guests and these guests may spread your website through word of mouth or some other sources if they like the information available on your site.This helps you maintain the flow of traffic and Search Engines too will give good weightage.

Ann you just thru something at the end of that reply that interests me... "select the site where it should be submitted"
If you are in control of your own website...you should try to attract and invite people to be a guest on your site...do not give your option to build authority away so readily and easily by being a guest on another website.

Agree Trev Pearman...we should not forget that "Content is a king" and so its has to be very unique but simple and informative so as to give a user-friendly experience to its readers. It is also equally important to select the site where it should be submitted.

Yes it definitely is... but you have to be careful in how you achieve them...if you are seen to be spammy in your relevancy of topic and the connected website then you face doom....learn about reputation building and authority and be very selective of your invited guests.

Yes, Guest Blogging is a great way of getting backlinks....