How to deal with SEO spammers

I've mentioned my dislike of reciprocal link / seo spammers more than once in the past. I still get them... I've now decided to adopt a new approach. I won't submit them to a URIBL or Spamcop. I'll simply send them my link to text link ads offering them the opportunity to advertise on the site(s) in question. I doubt if I'll see any take up though :)