Oh, I also forgot, dry clutches shed heat more effectively (into air rather than into hot oil) which causes less plate expansion. As wet clutch plates expand they shed material due to friction which will get into the oil and can cause premature wear to bearings and other parts in the engine. Also, due to the oncreased number of plates necessary a wet clutch requires a harder "pull" in order to engage and disengage.
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Entia non sunt multiplicanda necessitatem
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