An Expert Ezine Author button is really just more of an honor for you. I often wonder how much credibility that brings, especially since non Internet marketers don't really know what that means. I suppose it can add some credibility. To be honest, I think it does more for Ezine Articles than it does for us, the authors.
And to answer your link out question, I think it's the total package. If you have a big site with a lot of content and most of your links are internal then I don't think a link out here or there is going to hurt you. I have a ton of link outs on my pages and never really counted or worried about them because I also have much more of my own content.
Now, I agree you should keep your link outs to a minimum on your HOME page and of course you don't want a site with more linkouts then internal links but overall if you have a good amount of your own unique content I wouldn't worry about it.
So your ezine button is probably fine.
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