David to add to what everyone has said:
Using more than one spring does:
1. Increases weight bearing capacity of the arm but this also depends on the characteristics of the springs in question.
2. Doubles the longivity of the springs.
3. Increases friction in the arm ( especially when cables are used to connect them).
4. More springs in the arm acts more or less as a cut down version of using just one long spring to get a smoother ride throughout the entire boom range of the arm, without exerting extra pressure on the springs; compared to using just one spring. This is more dependent on the specification of the spring than the actual stabilization of the spring in use.
5. In conjunction with no. 4. It is also an advantage when you want to maintain a decent size arm without it being too long. In short, you might feel a length of 25cm is better than 30cm per section. Then again, this all depends on the ratio you will be working on. Just remember everything is dependent on numbers or specs of another part of the arm. That's why bulding is not always that easy or simple.

But the process is fun if you are willing to understand the logistics of building a stabilizer system.
6. Compression springs are better than Extention springs. Extention springs are more prune to wear and tear quicker than compression springs.
I hope I havn't been too technical.

BTW, did you get my third book? It's called 'Things you should know before building a full rig' It discusses things like this.