Comment by eslaught

To add some more detail to sibling's answer:

The optimal size will depend on the application. It's certainly reasonable that in some applications, many/most strings would be under 24 bytes and thus the small string optimization in many of these implementations would be beneficial. Perhaps in some other application strings are closer to 32 bytes (or something else) and then a larger stack size would be warranted. And in yet other applications, strings are large and no small string optimizations will make any difference, and if anything will slow the application down with unnecessary bookkeeping.

I do find it surprising that none of the implementations in the various comments linked in this thread seem to provide user-tunable sizes; or at least I haven't seen it. Because I can certainly imagine cases where the optimal size is > 24.