on the few occasions I tried using smart blend, I found the limit somewhere around 10000x5000, but this is hearsay/speculation/guestimate. you could try enblend, although that crashed on my trying to blend a 14000x7000 last week, so YMMV.
if you are in a crunch, and own photoshop CS5 or CS6, use the auto blend layers function. while it will fail to blend across the +-180deg seam and the Z/N, it does a spectacular job on the rest. I found it is capable to blend about 500Mpx is one go, larger projects need to be blended in multiple steps.