cldnails:
One thing to bear in mind is that the majority of the world is STILL on dialup. If you've got a massive, massive page it may very well not load for your audience. If you're writing a high-tech blog, then your audience may (mostly) all have broadband and enough RAM to load anything they want. If you're writing a blog related to crocheting, then your audience is more apt to have lower-end hardware (cast off from their children) and dial-up.
I *always* go with not overloading a page. Folks can't read what they can't load. But take youre audience into consideration.
Always blows me away when I load a blog and it goes on for 48 screensful. You want the majority to see what you're offering, not the minority.