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Whether or not this is good advice depends ultimately on the value of the total contents. Keep in mind that a larger gun safe is just as easy to break into as the smaller model.
Sometimes multiple smaller safes are better than a single larger safe. This is also true in situations where you need to spread out the weight, or are dealing with concealment issues.
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I have never heard a single person say that they regreted buying a Large safe but I have heard many folks say they regreted buying a smaller size safe than they could have.