A short but sometimes overlooked aspect of web design (at least on my part): Some people are color-blind. So, underline hyperlinks… just because you CAN set text-decoration to “none” doesn’t mean that you have to! (Links used in obvious navigation menu areas are the exception to this rule.)
Also, since the majority of color-blind people are red-green color-blind, you should DEFINITELY not have un-underlined red hyperlinks.
In a weird kind of inverse relationship, since blue is so often associated with hyperlinks, Jakob Nielsen’s advice is to avoid using blue for non-link text.
I probably won’t be posting this next week, because I’ll be on vacation in Boston celebrating my two-year anniversary with my hubby! (Humidity and swan boats, here I come!) Have a fantastic week!