The number of values is pretty much irrelevant, given that there is no "absolute" limit on the length of a URL (of which the querystring is a part) and each individual browser has it's own set of limits:
http://www.boutell.com/newfaq/misc/urllength.html[
^]
The shortest "maximum" is the only one you can in practice work to, so the IE limit of 2,083 characters as a URL total is the realistic limit.
In practice, if you are trying to send lots of info in a query string, it's almost certainly a sign of poor design: you should instead consider sending a single item which allows your server code to identify all the other info it needs.