I know this is an old thread, but I'm a new member browsing what's been talked about on this forum and when I read the quoted post I thought I'd chime in.
It's not necessarily true that more SVs = more accuracy. The geometry of the SVs and the receiver (which is constantly changing, even for a stationary receiver) is more important than the number of SVs the receiver is tracking. Ideal geometry is one SV directly over the receiver, and three more SVs just above the horizon at 120 degree intervals around the receiver (e.g., at bearings of 0+c, 120+c, and 240+c degrees from the receiver, where c is any constant). You could have 7 or 8 or 9 SVs in view and still have what I'd call crappy geometry if all of them are in the same part of the sky--much like when I sit on my patio and my receiver can only see the northern sky as the south is completely blocked by my house.
The goodness of SV-receiver geometry actually has a measure, and your receiver reports that measure--you just need the right software to see it. It's called "dilution of precision", or DOP, of which there are 5 flavors (Horizontal DOP, Positional DOP, Vertical DOP, Time DOP, and Geometric DOP). Whatever the flavor, smaller DOP numbers are better. If you have software that lets you see the raw receiver data in real time (Turbo GPS, Visual GPS, etc.) you can monitor all the different DOP numbers. You want HDOP numbers less than 1, though numbers between 1 and 2 are OK. With HDOP numbers above 3, I wouldn't consider my receiver's horizontal position fix to be very accurate.