Is a listing in the Yahoo! Directory still valuable in terms of Search Engine Optimization?

I’m considering the option of listing my website in the Yahoo! Directory. Before handing over $299, I’d like to know if it still has high value to search engine algorithms. I have heard that DMOZ.org has lost a bit of value recently, with the advent of social bookmark sites. If that is true, has anyone heard the same regarding the Yahoo! Directory?

Thanks!

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