I see what this thread is but to adress the question a bit It has very much to do with the content and other links in to those sites, if you only link with your other sites and they are similar, same niche content etc It's a bad move. But when all sites have different unique content and you can "lightly" link them It's not a bad move. Doesn't mean you should have all the other 49 sites on each site though.....
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