[tisme]

you can also see an endless related thread on [wp-hackers] Re: Blogroll, Bookmarks, Links?

I’d say something like: “Add/[book]Mark/Save this topic as your watched thread/to the list of your watched threads”.

OT: what are reasons/purpose of:

'name' => __('Key Master'),

'capabilities' => array(

...

'edit_others_favorites' => true,

is it ethical?