Blogroll in floristica

Hey guys, yeah I have problems with Floristica again…

There is a pre-determine blogroll in the footer. Rather than just removing the php code and manually entering each URLS, I wanted to know where do I go to edit them? All the documentation I find is regarding older versions of wordpress. Here is the code:

<div class="box blogroll">
            <h3><?php _e('My Faves:'); ?></h3>
        	<ul>
        	    <?php get_links(-1, '<li>', '</li>', '', FALSE, 'name', FALSE, FALSE, -1, FALSE); ?>
        	</ul>
        </div>

From what I understand, that code is no longer good and might need to be replaced with the bookmark function? But I am new to PHP and do not understand what I need to do in order to code it and edit the content/URLS.

Thank you