/* START: RENDER CATEGORIZED BOOKMARKS */
$taxonomy = 'link_category';
$args ='';
$terms = get_terms( $taxonomy, $args );

if ($terms) {
	foreach($terms as $term) {
		if ($term->count > 0) {
			echo '' . $term->name . '  ';
			/* print_r($term); */
			/* was orderby 'name' 'ASC' */
			$bookmark_args = array(
			'orderby'        => 'rating',
			'order'          => 'DESC',
			'limit'          => -1,
			'category'       => $term->term_id,
			'hide_invisible' => 1,
			'show_updated'   => 0
			);

			/*
			 * Returns list of bookmark row objects. Each bookmark object may contain the following:
			 * 'link_id',
			 * 'link_url',
			 * 'link_name',
			 * 'link_image',
			 * 'link_target',
			 * 'link_category',
			 * 'link_description',
			 * 'link_visible',
			 * 'link_owner',
			 * 'link_rating',
			 * 'link_updated',
			 * 'link_rel',
			 * 'link_notes',
			 * 'link_rss'
			 */
			$bookmarks = get_bookmarks($bookmark_args);

			/* if( !empty($bookmarks) )  { */
				$str = '';
				foreach ( $bookmarks as $bm ) {
					$str .= '';

					if(!empty($bm->link_image) ){
						$str .= 'link_target . '" class="relatedlink" href="' . $bm->link_url . '">' . 'link_image . '" alt="" align="left" border="0"/>' . '';
					}

					$str .= 'link_target . '" class="relatedlink" href="' . $bm->link_url . '">' . $bm->link_name . '';

					/* START: STAR RATINGS */

					if(!empty($bm->link_rating) ){

						$link_rating = $bm->link_rating;
						$str .= '';
						if ($link_rating >= 5){

							//If rating is five or greater, just assign a perfect score
							for ($i = 1; $i < 6; $i++){
								$str .= '';
							}

						} else {
							//If rating is under 5, display same number of stars.
							for ($i = 1; $i <= $link_rating; $i++){
								$str .= '';
							}
						}
						$str .= '';
					}

					/* END: STAR RATINGS */

					if(!empty($bm->link_description) ){
						$str .= '' . $bm->link_description . '';
					}

				}
				$str .= "";
				echo $str;
			/* } */

		}
	}
}
/* END: RENDER CATEGORIZED BOOKMARKS */

http://www.codyburleson.com/links/

Here’s the code for my whole bookmarks rendering routine in case anybody wants to do something similar (I hope the code is going to paste OK):

count > 0) {
echo ” . $term->name . ‘ ‘;
/* print_r($term); */
/* was orderby ‘name’ ‘ASC’ */
$bookmark_args = array(
‘orderby’ => ‘rating’,
‘order’ => ‘DESC’,
‘limit’ => -1,
‘category’ => $term->term_id,
‘hide_invisible’ => 1,
‘show_updated’ => 0
);

/*
* Returns list of bookmark row objects. Each bookmark object may contain the following:
* ‘link_id’,
* ‘link_url’,
* ‘link_name’,
* ‘link_image’,
* ‘link_target’,
* ‘link_category’,
* ‘link_description’,
* ‘link_visible’,
* ‘link_owner’,
* ‘link_rating’,
* ‘link_updated’,
* ‘link_rel’,
* ‘link_notes’,
* ‘link_rss’
*/
$bookmarks = get_bookmarks($bookmark_args);

/* if( !empty($bookmarks) ) { */
$str = ”;
foreach ( $bookmarks as $bm ) {
$str .= ”;

if(!empty($bm->link_image) ){
$str .= ‘link_target . ‘” class=”relatedlink” href=”‘ . $bm->link_url . ‘”>’ . ‘link_image . ‘” alt=”" align=”left” border=”0″/>’ . ‘‘;
}

$str .= ‘link_target . ‘” class=”relatedlink” href=”‘ . $bm->link_url . ‘”>’ . $bm->link_name . ‘‘;

/* START: STAR RATINGS */

if(!empty($bm->link_rating) ){

$link_rating = $bm->link_rating;
$str .= ”;
if ($link_rating >= 5){

//If rating is five or greater, just assign a perfect score
for ($i = 1; $i < 6; $i++){
$str .= '’;
}

} else {
//If rating is under 5, display same number of stars.
for ($i = 1; $i <= $link_rating; $i++){
$str .= '’;
}
}
$str .= ”;
}

/* END: STAR RATINGS */

if(!empty($bm->link_description) ){
$str .= ” . $bm->link_description . ”;
}

}
$str .= “”;
echo $str;
/* } */

}
}
}
/* END: RENDER CATEGORIZED BOOKMARKS */
?>