How to determine the value of socket listen() backlog parameter?

I second using SOMAXCONN, unless you have a specific reason to use a short queue.

Keep in mind that if there is no room in the queue for a new connection, no RST will be sent, allowing the client to automatically continue trying to connect by retransmitting SYN.

Also, the backlog argument can have different meanings in different socket implementations.

• In most it means the size of the half-open connection queue, in some it means the size of the completed connection queue.
• In many implementations, the backlog argument will multiplied to yield a different queue length.
• If a value is specified that is too large, all implementations will silently truncate the value to maximum queue length anyways.

There's a very long answer to this in the Winsock Programmer's FAQ. It details the standard setting, and the dynamic backlog feature added in a hotfix to NT 4.0.