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No, they are not. The reason is that the more users/clients you have on a Peer to Peer network the harder it is to administer it. Everyone is their own administrator and you can't enforce policies, backups, or security easily with a peer to peer network.

A general rule of thumb in the industry is to limit such a network to around 10 devices. Although more could be used it becomes an administrative and troubleshooting nightmare.

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