Personally, I'm in the preferring-two-monitors camp. If I can't have two, I'll have three, please. And large ones. Particularly when I'm doing web work, the convenience of having an editor with ample space to open many source files at once on a main screen, an auto-reloading browser with accompanying dev tools on one side monitor, and multiple pages of documentation on the other side is a huge win.
I know other people who are also in this camp, and others still who for similar reasons to others commenting here aren't a fan of lots of monitors. They typically have very consistent patterns in how they set up their working environments and often multiple desktops that they switch between frequently.
I suppose the conclusion is not so much "have multiple monitors" but rather "invest a bit of time and if necessary money in customising your work environment to work well for you".
Now if it would be possible to get a 27" 5k screen like the new imacs, that would be absolutely great. Same "actual resolution" as the older 27" but with much sharper text.