the only thing i see is that whenever your page is loaded, it contacts another site to get the image, thus using a little bandwidth. If there is enough traffic the loading of the icon can steal significant bandwidth without giving any traffic/credit to the owner of this icon.
you have to remember that once a site is popular they can charge a user for linking to their site. $75 a month is considered a fair deal, more is often paid. Without consent to host a link and/or image of another site/company is illegal if they should choose to push the issue. Often images and addresses are copyrighted.
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