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Depends. In work 2x20" (development applications, documents), at home 1x24" (also for games, films).
I agree. I like multiple monitors at work because I can have e-mails and stuff on one monitor and look at CAD drawings or test reports or stuff like that on the other one.
For home use, definitely would prefer a single 24". Videos only need one screen. You can game on multiple monitors, but you need three unless you want to have a thick bezel in the center of your vision.
Plus, 20" LCD is likely 1600x900 or 1366x768, whereas a 24" will almost certainly be 1920x1080 or 1920x1200.