Are multi-sig M-of-N transactions with N > 3 supported?

BIP 11 makes M-of-N multi-sig transactions standard — for N 3? (say 3-of-6). Also, BIP 11 states: The current Satoshi bitcoin client does not relay or mine transactions with scriptSigs larger than 200 bytes; to accomodate 3-signature transactions, this will be increased to 500 bytes. Does (…)

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