Perhaps this is a good starting point for your business (or a just a tool or service), but if there is someway to weight the pages of the pages or links, etc, it would be much more interesting. In other words I (and presumably many others) only want to know the significant links.
Also is the maximum number of links limited to 999? If this is so because of CPU/bandwidth reason then this service is not very useful for most except the very-early-stage startups.
The ability to track competition is a wonderful value proposition.
However, it's kind of difficult for me to judge the actual value of the notifications until I start getting them. Having lived without this information so far, it's hard to measure the utility in advance.
Give me some situations where getting notified that someone has backlinked to my site would be useful to me. Show me ways that I can use this information to my advantage.
I agree with your point, just tell me the root domain linked to me, and then maybe in the software show me all of the pages (in case they add it to a footer or sidebar)
i.e., the Twitter logo links to "http://twitter.com/neautralthoughts when your username is neutralthoughts - See the extra 'a'?
If so, what do you propose you do with sites that have hundreds of thousands of links?
I'm adding in a feature which gives the backlinks a rating on a scale of 1 - 10, its about 70% done, I've never seen that done either.
The site says you have Total Backlinks - 747