So I have busted the 32k barrier (34k and counting), and have to spend several days organizing everything to get where I want to be, but now I'm wondering if anyone has seen published docs on new limitations for iTunes 4.
I would bet the next limit is at either 128,000 or 256,000 songs. No matter what you do, both of these are very large amount and a user with this many songs would probably need a more robust program anyways.