In my opinion, one can never have too many books. You should however, use a good library management program, such as Calibre, to manage your collection. I have about 2000 books in my Calibre library and I am very good into keep that up to date. I use the various plugins available for it (Reading List, Goodreads Sync) to manage my TBR list. I also use the Goodreads site itself. I have about 20 ebooks on my reader at this time, my average number is usually around 50. I used to keep all of my books on my reader, but even with Sony Collections it became too unbearable.
I have discovered that Calibre and all the plugins associated with it is really my friend!
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