rsync --server and "max connections"

[Jeremy Lepore]

Greetings,

There is a "max connections" limit when using rsync --daemon, as
per the rsyncd.conf file (default is 0). 

Is there also one when rsync --server (on the target node) is us used (in 
the absence of a rsyncd.conf file) ? 

If so, would there be a warning message like "max connections (#) reached
- try again later" ?

(using 2.5.4 on aix 5.2 for source and target)

Thank you.

Jeremy