The problem seems to hinge on the distinction between primary and secondary addresses.
If you're reading the LARTC list, then you've probably had the need (e.g., load testing) to assign thousands of IP addresses to a single interface. However, it's usually the case that one is assigning multiple addresses that all belong to the same subnet. In that case, the first such IP address is "primary" and all the additional addresses that belong to the same subnet are "secondary". My investigations tell me that "secondary" addresses are much lighter-weight. On the other hand, I don't seem to be able to assign more than about 280 "primary" addresses in the entire system before all the interfaces become unresponsive.
For additional information about "primary" vs. "secondary" addresses, take a look at:
http://www.linux-ip.net/html/linux-ip.html#tools-ip-address-add http://www.linux-ip.net/gl/ip-cref/node33.html
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