One is plenty for me
I can only manage to play well at one table.
That said I am currently playing 5-10 (Full ring, but happy to play short-handed to start the game) and believe that I can maintain a long-term winrate of over 5 PTBB/100.
For me, i'm not sure that I could maintain a win-rate of 1.25 playing 4 tables, as it all happens too fast. Obviously increased rake-back would help, but with a lower win-rate comes increased variance.
Playing one table, I also find that I have ample time to review my play thoroughly. Also, I find that I enjoy it more when I can totally focus on the game. I especially enjoy being able to pick up subtle changes in the mood of other players, and can sometimes profit nicely from this extra info.
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