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[edited by: korkus2000 at 10:26 pm (utc) on Nov. 17, 2003]
[edit reason] No site reviews please [/edit]
As drdoc notes, having a lot of script can hurt the ratio of interesting content to overall size. In other words, the "density" of your information may go down if you have lots of script. It's not clear, however, that some spiders don't discard the script from the length. I wouldn't chance it though, and most SEO's (me included) strongly encourage putting the source in separate files, just like you should with CSS.