I've got a question that I'd like to throw out. Lets say you're setting out to get 360 backlinks. Which is the optimal strategy for this fictitious example?

A. 360 backlinks with anchor text "Baghdad Iraq IR Real Estate and Homes".

B. 180 with anchor text "Baghdad Iraq Real Estate" and 180 with anchor text "Baghdad IR Homes"

C. 120 backlinks each - anchor text "Baghdad Iraq IR", "Baghdad Real Estate", and "Baghdad Homes"

D. 90 backlinks each - anchor text "Baghdad Iraq Real Estate", "Baghdad IR Real Estate", "Baghdad Iraq Homes", and "Baghdad IR Homes"

E. 72 backlinks each - anchor text "Baghdad", "Iraq", "IR", "Real Estate", and "Homes"

The example using 5 words with 72 backlinks each would seem to give you more opportunities to rank for different combinations than being stuck with just "Baghdad Iraq IR Real Estate and Homes".

__________________