well yes, after adding such a number of controls you will find problems....but the SP1 should hopefully fix this problem (currently in beta). Remember, the more you add, the more work needs to be done, performance will degrade.
AFAIK there is no limitation but rather on the resources (memory for example). I've heard people say they can add 25000 controls but of course struggles to load. Some are less but I think its mainly on the resources available