Some tough questions.
First, do you mean 3-5x volume of water (as in the size of your sump), or do you mean 3-5x the flow the sump will recieve? If you're talking about the size of the sump I don't think anyone would argue that bigger is better--get away with whatever you can fit under the tank, or remotely.
If you're talking about the flow rate of the sump, that's open for a lot of interpratation. 3-5x is really dependent on the performance of your skimmer, and how long you want the water to stay in contact with it. This of course is predicated on the strength of your return pump. You can either order an "under-powered" return pump, or throttle down a bigger one. I like a low flow return, mainly b/c I have a high bioload on my tank and requre some efficiency from my skimmer. Also, a don't throttle back pumps anymore--high heat, premature breakdowns, etc, etc.
And of course, all this is predicated on the number of return lines and the capacity of the water to drain from your DT.
Hope this helps.