Index: wp-includes/bookmark-template.php
===================================================================
--- wp-includes/bookmark-template.php	(revision 20008)
+++ wp-includes/bookmark-template.php	(working copy)
@@ -20,8 +20,6 @@
  * used by themes.
  *
  * The defaults for overwriting are:
- * 'show_updated' - Default is 0 (integer). Will show the time of when the
- *		bookmark was last updated.
  * 'show_description' - Default is 0 (integer). Whether to show the description
  *		of the bookmark.
  * 'show_images' - Default is 1 (integer). Whether to show link image if
@@ -50,7 +48,7 @@
  */
 function _walk_bookmarks($bookmarks, $args = '' ) {
 	$defaults = array(
-		'show_updated' => 0, 'show_description' => 0,
+		'show_description' => 0,
 		'show_images' => 1, 'show_name' => 0,
 		'before' => '<li>', 'after' => '</li>', 'between' => "\n",
 		'show_rating' => 0, 'link_before' => '', 'link_after' => ''
@@ -62,11 +60,7 @@
 	$output = ''; // Blank string to start with.
 
 	foreach ( (array) $bookmarks as $bookmark ) {
-		if ( !isset($bookmark->recently_updated) )
-			$bookmark->recently_updated = false;
 		$output .= $before;
-		if ( $show_updated && $bookmark->recently_updated )
-			$output .= get_option('links_recently_updated_prepend');
 
 		$the_link = '#';
 		if ( !empty($bookmark->link_url) )
@@ -76,13 +70,6 @@
 		$name = esc_attr(sanitize_bookmark_field('link_name', $bookmark->link_name, $bookmark->link_id, 'display'));
  		$title = $desc;
 
-		if ( $show_updated )
-			if ( '00' != substr($bookmark->link_updated_f, 0, 2) ) {
-				$title .= ' (';
-				$title .= sprintf(__('Last updated: %s'), date(get_option('links_updated_date_format'), $bookmark->link_updated_f + (get_option('gmt_offset') * 3600)));
-				$title .= ')';
-			}
-
 		$alt = ' alt="' . $name . ( $show_description ? ' ' . $title : '' ) . '"';
 
 		if ( '' != $title )
@@ -116,9 +103,6 @@
 
 		$output .= '</a>';
 
-		if ( $show_updated && $bookmark->recently_updated )
-			$output .= get_option('links_recently_updated_append');
-
 		if ( $show_description && '' != $desc )
 			$output .= $between . $desc;
 
@@ -147,8 +131,6 @@
  *		name.
  * 'hide_invisible' - Default is 1 (integer). Whether to show (default) or hide
  *		links marked as 'invisible'.
- * 'show_updated' - Default is 0 (integer). Will show the time of when the
- *		bookmark was last updated.
  * 'echo' - Default is 1 (integer). Whether to echo (default) or return the
  *		formatted bookmarks.
  * 'categorize' - Default is 1 (integer). Whether to show links listed by
@@ -202,7 +184,7 @@
 		'orderby' => 'name', 'order' => 'ASC',
 		'limit' => -1, 'category' => '', 'exclude_category' => '',
 		'category_name' => '', 'hide_invisible' => 1,
-		'show_updated' => 0, 'echo' => 1,
+		'echo' => 1,
 		'categorize' => 1, 'title_li' => __('Bookmarks'),
 		'title_before' => '<h2>', 'title_after' => '</h2>',
 		'category_orderby' => 'name', 'category_order' => 'ASC',
Index: wp-includes/bookmark.php
===================================================================
--- wp-includes/bookmark.php	(revision 20008)
+++ wp-includes/bookmark.php	(working copy)
@@ -120,7 +120,7 @@
 		'orderby' => 'name', 'order' => 'ASC',
 		'limit' => -1, 'category' => '',
 		'category_name' => '', 'hide_invisible' => 1,
-		'show_updated' => 0, 'include' => '',
+		'include' => '',
 		'exclude' => '', 'search' => ''
 	);
 
@@ -203,14 +203,6 @@
 		$join = " INNER JOIN $wpdb->term_relationships AS tr ON ($wpdb->links.link_id = tr.object_id) INNER JOIN $wpdb->term_taxonomy as tt ON tt.term_taxonomy_id = tr.term_taxonomy_id";
 	}
 
-	if ( $show_updated && get_option('links_recently_updated_time') ) {
-		$recently_updated_test = ", IF (DATE_ADD(link_updated, INTERVAL " . get_option('links_recently_updated_time') . " MINUTE) >= NOW(), 1,0) as recently_updated ";
-	} else {
-		$recently_updated_test = '';
-	}
-
-	$get_updated = ( $show_updated ) ? ', UNIX_TIMESTAMP(link_updated) AS link_updated_f ' : '';
-
 	$orderby = strtolower($orderby);
 	$length = '';
 	switch ( $orderby ) {
@@ -247,7 +239,7 @@
 	if ( $hide_invisible )
 		$visible = "AND link_visible = 'Y'";
 
-	$query = "SELECT * $length $recently_updated_test $get_updated FROM $wpdb->links $join WHERE 1=1 $visible $category_query";
+	$query = "SELECT * $length FROM $wpdb->links $join WHERE 1=1 $visible $category_query";
 	$query .= " $exclusions $inclusions $search";
 	$query .= " ORDER BY $orderby $order";
 	if ($limit != -1)
Index: wp-includes/deprecated.php
===================================================================
--- wp-includes/deprecated.php	(revision 20008)
+++ wp-includes/deprecated.php	(working copy)
@@ -941,12 +941,11 @@
  * @param bool $show_description whether to show the description if show_images=false/not defined.
  * @param bool $show_rating show rating stars/chars
  * @param int $limit Limit to X entries. If not specified, all entries are shown.
- * @param int $show_updated whether to show last updated timestamp
  * @param bool $echo whether to echo the results, or return them instead
  * @return null|string
  */
 function get_links($category = -1, $before = '', $after = '<br />', $between = ' ', $show_images = true, $orderby = 'name',
-			$show_description = true, $show_rating = false, $limit = -1, $show_updated = 1, $echo = true) {
+			$show_description = true, $show_rating = false, $limit = -1, $deprecated = null, $echo = true) {
 	_deprecated_function( __FUNCTION__, '2.1', 'get_bookmarks()' );
 
 	$order = 'ASC';
@@ -958,7 +957,7 @@
 	if ( $category == -1 ) //get_bookmarks uses '' to signify all categories
 		$category = '';
 
-	$results = get_bookmarks(array('category' => $category, 'orderby' => $orderby, 'order' => $order, 'show_updated' => $show_updated, 'limit' => $limit));
+	$results = get_bookmarks(array('category' => $category, 'orderby' => $orderby, 'order' => $order, 'limit' => $limit));
 
 	if ( !$results )
 		return;
@@ -966,11 +965,7 @@
 	$output = '';
 
 	foreach ( (array) $results as $row ) {
-		if ( !isset($row->recently_updated) )
-			$row->recently_updated = false;
 		$output .= $before;
-		if ( $show_updated && $row->recently_updated )
-			$output .= get_option('links_recently_updated_prepend');
 		$the_link = '#';
 		if ( !empty($row->link_url) )
 			$the_link = esc_url($row->link_url);
@@ -982,10 +977,6 @@
 		$name = esc_attr(sanitize_bookmark_field('link_name', $row->link_name, $row->link_id, 'display'));
 		$title = $desc;
 
-		if ( $show_updated )
-			if (substr($row->link_updated_f, 0, 2) != '00')
-				$title .= ' ('.__('Last updated') . ' ' . date(get_option('links_updated_date_format'), $row->link_updated_f + (get_option('gmt_offset') * 3600)) . ')';
-
 		if ( '' != $title )
 			$title = ' title="' . $title . '"';
 
@@ -1008,9 +999,6 @@
 
 		$output .= '</a>';
 
-		if ( $show_updated && $row->recently_updated )
-			$output .= get_option('links_recently_updated_append');
-
 		if ( $show_description && '' != $desc )
 			$output .= $between . $desc;
 
Index: wp-admin/includes/schema.php
===================================================================
--- wp-admin/includes/schema.php	(revision 20008)
+++ wp-admin/includes/schema.php	(working copy)
@@ -391,11 +391,6 @@
 	'date_format' => __('F j, Y'),
 	/* translators: default time format, see http://php.net/date */
 	'time_format' => __('g:i a'),
-	/* translators: links last updated date format, see http://php.net/date */
-	'links_updated_date_format' => __('F j, Y g:i a'),
-	'links_recently_updated_prepend' => '<em>',
-	'links_recently_updated_append' => '</em>',
-	'links_recently_updated_time' => 120,
 	'comment_moderation' => 0,
 	'moderation_notify' => 1,
 	'permalink_structure' => '',
@@ -533,7 +528,7 @@
 	if ( !__get_option('home') ) update_option('home', $guessurl);
 
 	// Delete unused options
-	$unusedoptions = array ('blodotgsping_url', 'bodyterminator', 'emailtestonly', 'phoneemail_separator', 'smilies_directory', 'subjectprefix', 'use_bbcode', 'use_blodotgsping', 'use_phoneemail', 'use_quicktags', 'use_weblogsping', 'weblogs_cache_file', 'use_preview', 'use_htmltrans', 'smilies_directory', 'fileupload_allowedusers', 'use_phoneemail', 'default_post_status', 'default_post_category', 'archive_mode', 'time_difference', 'links_minadminlevel', 'links_use_adminlevels', 'links_rating_type', 'links_rating_char', 'links_rating_ignore_zero', 'links_rating_single_image', 'links_rating_image0', 'links_rating_image1', 'links_rating_image2', 'links_rating_image3', 'links_rating_image4', 'links_rating_image5', 'links_rating_image6', 'links_rating_image7', 'links_rating_image8', 'links_rating_image9', 'weblogs_cacheminutes', 'comment_allowed_tags', 'search_engine_friendly_urls', 'default_geourl_lat', 'default_geourl_lon', 'use_default_geourl', 'weblogs_xml_url', 'new_users_can_blog', '_wpnonce', '_wp_http_referer', 'Update', 'action', 'rich_editing', 'autosave_interval', 'deactivated_plugins', 'can_compress_scripts', 'page_uris', 'update_core', 'update_plugins', 'update_themes', 'doing_cron', 'random_seed', 'rss_excerpt_length', 'secret', 'use_linksupdate', 'default_comment_status_page', 'wporg_popular_tags', 'what_to_show', 'rss_language');
+	$unusedoptions = array ('blodotgsping_url', 'bodyterminator', 'emailtestonly', 'phoneemail_separator', 'smilies_directory', 'subjectprefix', 'use_bbcode', 'use_blodotgsping', 'use_phoneemail', 'use_quicktags', 'use_weblogsping', 'weblogs_cache_file', 'use_preview', 'use_htmltrans', 'smilies_directory', 'fileupload_allowedusers', 'use_phoneemail', 'default_post_status', 'default_post_category', 'archive_mode', 'time_difference', 'links_minadminlevel', 'links_use_adminlevels', 'links_rating_type', 'links_rating_char', 'links_rating_ignore_zero', 'links_rating_single_image', 'links_rating_image0', 'links_rating_image1', 'links_rating_image2', 'links_rating_image3', 'links_rating_image4', 'links_rating_image5', 'links_rating_image6', 'links_rating_image7', 'links_rating_image8', 'links_rating_image9', 'weblogs_cacheminutes', 'comment_allowed_tags', 'search_engine_friendly_urls', 'default_geourl_lat', 'default_geourl_lon', 'use_default_geourl', 'weblogs_xml_url', 'new_users_can_blog', '_wpnonce', '_wp_http_referer', 'Update', 'action', 'rich_editing', 'autosave_interval', 'deactivated_plugins', 'can_compress_scripts', 'page_uris', 'update_core', 'update_plugins', 'update_themes', 'doing_cron', 'random_seed', 'rss_excerpt_length', 'secret', 'use_linksupdate', 'default_comment_status_page', 'wporg_popular_tags', 'what_to_show', 'rss_language', 'links_updated_date_format', 'links_recently_updated_prepend', 'links_recently_updated_append', 'links_recently_updated_time' );
 	foreach ( $unusedoptions as $option )
 		delete_option($option);