Well, I'm not sure about reciprocal, but I use Backlinks Checker Tool - Backlink Watch to follow my backlinks.
I am seeking a way to check reciprocal backlinks automatically. Does anybody know a great (free) tool or perhaps a website?
I'm using Rank Checker, part of the SEO power suite: SEO Software and SEO Tools | Top 10 Rank Guarantee | SEO PowerSuite
SEOBOOK just published a review about majestic seo which looks very interesting: 20% Off Majestic SEO Coupons: Free MajesticSEO Discount Voucher Codes