Interesting thread, and I'm following.
I think in the long term what UW is getting at with SEO will be beneficial.... maybe even to the point of creating a new hybrid Links List type thing.
100 links per page is fine according to Google... but this includes all links, sponsors and inbound links.
I agree with most of the things - but too many ad spots is one I am not sure about, some mainstream blogs have shit loads - even if they are small and they still rank highly.
I also know that page titles are very important... so if you paginate, then you must have a unique page title.
Lots of good information can extracted from this
Google SEO Guideline pdf