The number of visits is no reflection of the quality of the cache. It bears little, if any, relation. So it's wrong to say that one cache is "better" than another because it's more popular.
In my opinion, you should hide a cache that you're inspired to hide and that's that.
Of course, one thing you might be inspired by is the notion that you'll get loads of cache logs! If so, don't hide the cache high on a remote Scottish hillside...
I'd much prefer to recieve a single good report for a cache I've placed than loads of mediocre logs. Granted, I haven't found billions of caches like lots of you guys but I've found enough to know the kind of cache I like and in the locations I like to find them. I tailor my searching and hiding accordingly. To be subjected to some arbitrary embargo because of the length (or lack) of my chain is simply ridiculous. There's a mountain biking expression which, if you stretch your imagination a bit, applies here:
It's not the speed you go.
It's the size of your smile.
Hide and seek the caches you like, place them when you feel like it, and where you think people will enjoy them. It's simple really. Experience is gained by DOING, not by not doing.