I submit to 60 at a time, 5 copies*12 recips.
I tend to be quite anal about pouring over who lists me and who doesn't, whether it's for legitimate reasons (in my mind) or not and how quickly. Whether rejected submissions are explained, even factors like how easy is it to find the right recip or find the submit page from the index. All those help me compile a favourites list and I think I have my definite top 40, and am working on the next 20 so as to ensure I dont waste time in the future. Once I have my 60 I think I'll concentrate less on who does what with my sites and more on making sites. I guess my point is, as a submitter, I feel it's good to research whats going on with your sites for a while.
BTW I dont worry too much about which sites send me the most traffic. Of course, I submit to the high traffic sites but I feel it's just as important to submit to the smaller lists too, especially those that add quickly and dont compromise on the main rules to build their list. Some of those will be the high traffic sites in the future.
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