I have 8 on mine (which are reusable, so you can have several incoming or outgoing from the same point without it confusing people), so I'm not sure what you are seeing! You can always add more transitions in text mode too.
More contributions (questions, answers, comments and voting) get you more karma, as well as marking questions correct, and having your questions and answers voted up by others.. As that rises, your restrictions loosen as the computers begin to understand that you're making a useful contribution and are not a spam-bot. If you go high enough you even get loot.
I have multiple projects that use variations of the same base workflow. The variations depend on the requirements of the project or issue type. The variations mostly come in the form of new statuses ...
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