Depends on your activity. 20-30,000 links is a fairly small, barely medium sized directory for Links SQL. If your hosting plan has enough power behind it, you could manage.
It _really_ matters more what sort of activity level you have.
The number of links is more how much storage they give you in the database. It doesn't use any other resources.
Jump.cgi and page.cgi, search.cgi, etc are what will affect your system.
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