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What are the concerns I should be worried about in doing this?
I would be linking to each subdomain througout my main website only on about 10-30 pages will have an actual link to a subdomain. Depending on where the topic is talked about.
Every subdomain will link to my main website homepage, but no subdomain will be linked from my home page.
Do I have to worry about crosslink?
folder2.mysite.com/index.html
will do better then
www.mysite.com/folder/folder2/index.html
My topics has a lot of information to be their own website really. The only thing I'm worried about is to many subdomains and crosslinking. As I said before if I do this I would have to add 195 subdomains.
Concerns are the 195 subdomains. Also, using that much canonicals means a lot more work - you should have a reasonable number of external links pointing to the subdomain's sites in order to avoid looking suspecious. In google's eyes, if all links to your new subdomains would come from your own sites (the other 194 subdomains), it would pretty much look like a artificial construction to increase page rank.
Carefull! Sometimes a better site structure, categorized site maps etc. do the job.
Before you do anything wrong, you might want to take a look at the Link Developement Forum [webmasterworld.com] and additionally do some searches on canonicals [google.de].
>Google seems to be picking up new domains a lot faster these days
Probably true - but getting in quick doesn't automatically mean not getting quick out again.