The limitation is not the number of records, but in fact how many records
you can fit in the limited space.
So, if your records are large in size, then you fit "less" records into the
fixed max size. So, there is no record limit per see, but only a file size
limitation.
in access 2000, that file size limit is 2 gig.
An average name in a mailing list takes about 85 characters. So, some simple
math shows:
2 gig = 2 billion characters.
2,000,000,000 / 85 = 23, 529,411
So, you get 23 million addresses you can fit. However, if each record was
170 characters in length, then you would get 1/2 of 23 million.