July 25, 2004
Howdy. I know the title of the board says "Top 20", but the first list I made was a Top 10, and I'm going to leave it as is.
As of 07/25/2004 @ 5:42AM ET:
| Rank | Name | Threads | Posts |
| 1 | System Wars II | 2285 | 35640 |
| 2 | -Exodus- | 1496 | 24449 |
| 3 | The Members Only Union | 539 | 13071 |
| 4 | Goose's Garage | 435 | 9451 |
| 5 | Spam Union | 299 | 5548 |
| 6 | The Signature Banner Critiquing Board | 393 | 4766 |
| 7 | GameSpot Wrestling Discussion | 342 | 3834 |
| 8 | The Virtual Underground | 229 | 3298 |
| 9 | PS2 Forum Ver.2 | 101 | 3035 |
| 10 | Nocturnal Storms- A Board of Music/Poetry, Philosophy and Literature | 95 | 2500 |
