oh_riginal said:

I don't think "balance" is meant to be taken literally, in regards to Jedi/Sith population. It's not nearly "philosophical" enough for either faction. I think what is meant by "balance" would be something like "all is well in the universe" or something along those lines. The dark side throws off the balance.

But I'm not the one with the final word, as none of this was really explained in any of the prequels clearly. That's just my interpretation.

We can all agree on "Blessed are the cheesemakers" though can't we?