Put reusable code into libraries to share between projects

I’ve recently read the post The Mooney Project » Reusable Code Is Bad.

Also I disagree with the title of the post, most of the issues in the text are valid and important.
Mike Mooney is mostly talking of creating customizable applications, that have hundreds of configuration settings.
Most close to my opinion is a comment from Geoff H

Design libraries for reuse, glue code to bind together, and logic code to call libraries through the glue.

When I am writing  an individual method, I am asking myself, how generic is the logic, is it only be useful for this feature, or to different parts of my application, or can be used as an extension of .Net framework.  Depending on this , I will move the common logic to one or another of my libraries. Sometimes, when I will looking to which class/dll should I add this new method, I will recognize, that our library already has the same or very similar method, and I don’t need to write it again.