Offers all the functionality you're looking for and complete flexibility to display web links sorted by category. A terrific job!

To respond to the previous review, if you elect the option of displaying thumbnails of sites you're weblinking to then yes, it can be a little slow but that's due to response time from the external sites, not the fault of this module. If you have a lot of links, it's easy enough to turn off this feature. Or you might try caching the contents of the module, found in the module's Advanced Parameters settings.

Compared to many open source projects, Daniel has done fine job on documentation. Some coding knowledge is required to get maximum benefit from this tool but once you master the fine points this module will give you unmatched power and flexibility.