File access is going to be a bigger factor in execution time than the amount of comments. If you want to talk execution time, file access should be the biggest part of the discussion.
Since Google announced that site speed would be a factor in its ranking algorithm, performance is now a part of SEO, at least for Google. Load speed is now more important than ever.
Official Google Webmaster Central Blog: Using site speed in web search ranking
Anything that can be reasonably done to reduce load speed should be done. This includes reducing the number of file access required by limiting the number of files included. It's a no-brainer to me. But apparently not to the developers of Wordpress.
More than 10 would be getting to be too much for me.





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