This chart comes from analysis I did in January 2002; I would like to update it soon to reflect websites today. The shaded yellow area covers one standard-deviation, or roughly 2/3 of the sampled sites.
. . . . . . . . . . . .
. . . . . . . . . Character Length in 12-pt Times: 60
. . . . . . . . . . 75
640
Weekly
Standard
553
Salon
548
ZD.net
531
IDG.net
501
ESPN
500
Boston.com/Boston
Globe
480
Los Angeles
Times
478
Time
475
CNN
475
ABC News
468
Washington
Post
468
USA Today
462
New York Times
460
Microsoft
Encarta
460
Slate
426
Forbes
420
Atlantic
Online
370
National
Review
361
MSNBC/Newsweek
350
New
Republic
313
SFGate.com/SF
Chronicle
Otherwise, if you leave your web stylesheet to automatically size the text widths, the text may run longer than the reader is used to. Or, picking a size too small (akin to newspaper or magazine columns) may not be beneficial at all, and could result in articles being too long.