Spam Comment Generator Script
alexking.org
alexking.org
[1] http://www.hanselman.com/blog/ExposedABlogCommentSpammersSou...
This is some pretty noobish stuff. A more effective way to decrease moderation is to make comments talking about how you enjoyed the article and linked to their blog. You then setup a script on your site to detect referral traffic from /wp-admin, etc., pull the rss feed for their site and then inject their latest blog post in the page content/side bar (e.g. Recommended Reading!). Drop an evercookie so it shows up if they come back.
But as you say the majority of spam submissions will actually include a link in the body of the comment too.
(Actually many comments include the link with numerous variations: BBCode, HTML, and even Markdown formatted. As a heuristic it is easy to write off spam that uses three or more different linking stratagies - I do that in my blog-spam detection service @ http://blogspam.net/ )
edit: wordpress plugin looks perfect for a few of my blogs
UPDATE: I've written the trivial plugin, but only tested it a little: https://github.com/skx/wordpress-no-links