re: Any negative for having too many CCs open?

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If 10 points on his score does that he shouldn't be applying for credit cards in the first place. Anyone with a solid credit score isn't going to be phased at all by a temporary 10 point drop.

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It really depends if you are close to a "breakpoint" as I would call it for the lender you are working with. For any type of loan from any lender there is always a hard number where a rate changes.

In the most common range of scores though, mid 600's through mid 700's there could be 5 or more number breaks. A drop from 725 to 715 could be a big deal where a drop from 780 to 770 wouldn't matter much at all.