Does Too Many On-Page Links on a Page Really Matters?
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Does Too Many On-Page Links on a Page Really Matters? Especially if they are pointing to internal page?
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have a read of this... Its a year old but still some good information.
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I can assure you that it really does matter. I am currently working on bringing down the number of links on our page, since we have a (too) extensive menu at the top of the page. It has almost 100 links alone. And as far as I can see our index pages and pages in general do not accumulate as much pagerank as one should think.
When the SEO gurus say a maximum of 100 links on a page, they mean it. And it matters

Another thread on the matter:Â http://www.seomoz.org/q/will-a-mega-menu-on-all-pages-dilute-the-link-juice
Best regards,
Rasmus