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If you have tons of pages, the PR on your site will be distributed to a lot of pages, therefore, to get one page, with the highest PR possible, you should only have one page in your entire website. Of course, this is not possible for most websites, so I would think that fewer pages are better for PR issues, but more pages would be better to get more of your sites indexed in the search engines, and therefore, potentially more traffic to your site.
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