Question about content & link juice

Hey fellow Blackhatters -

Does having a larger site (content wise) with many pages dilute any potential incoming link-power?

I.E - Would it be better to have a small, compact site with link juice confined to only a few pages, or would it be better to build an authority site with lots of pages to try and harness (perhaps) an increase in authority status despite link juice now being widely spread out?

Thanks!

I've been reading that the new update the other day that Google tried out was giving favorable to results to interior pages of websites. Anyone know if the number of internal pages matters? If not, a bigger site would be better in theory.

No, more content is always better as long as it's unique.

Thanks Lauby, you're always there to help me out - much appreciated man.
Thanks also to atomsmasher

Add as many pages of content to your site as you can. More content will help your site rank better and you will get more traffic from a big site than from a compact or small site.