I have read the same too, I guess it works the same way as diff axle splines...I "feel" the same way about the bigger (6, 8, 10, or 16)spline set-ups, but everything I read suggests otherwise, as do discussions with my engineering and mechanic buddies. Apparently, the finer 48 spline set-ups are stiffer, and less prone to stripping b/c the load is spread out among many more splines. I guess it makes sense, and the same is basically true for fasteners, at least as far as strength of the bolt but I do find that the finer threads strip easier....
At any rate, something like a Redline Flight, with 6 splines and double pinch bolts, is just so easy to set-up, and it's definitely as stiff as I'm gonna need. Yeah, I flex it a little when I'm riding hard, but I'm a fat guy on a hi-ten frame doing things that the equipment was never intended to do. When I ride a bike with a euro conversion and a square taper crank, I flex it just riding around. Not b/c i'm some sort of beast-mode powerhouse, but b/c I weigh a cool 245lbs...
Usually the higher amount of splines-the better.
Totally agree on fine threads too... Sometimes things just work the opposite of what you would expect.
If you look at rough use equipment, e.g. mining, they tend to use less but bigger splines, I think that is more to do with wear and longevity though...
Whatever the case, those 3 piece BMX cranks are pretty awesome!
Luke.