Suppose you want a special page listing only items you select

1) First we need a template to work in. See creating a custom template. For this example we'll call the template edpick (edpick.tpl).
2) Next, add a new link field named, let's say, edpick. Make it a checkbox. Uncheck the options for making it user submittable/editable since you want only editors to be able to choose these.
3) For links you want to make editor's picks, edit them to check the box.
4) To display the list we'll use a toplist. Go to Admin -> Templates -> Toplist Generator. For the filtering condition, type

edpick = 'edpick'

. In the box for display content, let's use

<p><a href="http://scripts.webmastersite.net/wsnlinks/wsnmanual410/{TRACKLINKURL}">adding_an_editors_picks_section</a></a> - {LINKDESCRIPTION}</p>

. If you want something more fancy you can use the regular link bit by typing

[INERTFILE=linkbit]

. If you do that you'll want to select a number of columns per row as well, since the link bit is made for a table.
5) Copy and paste the result which the toplist generator gives you into your edpick custom template.
6) Finally, link the edpick template into the rest of the site where you want it -- perhaps in the wrapper template -- with <a href="http://scripts.webmastersite.net/wsnlinks/wsnmanual410/index.php?custom=yes&TID=edpick">Editor's Picks</a>