I'm usually around 2.4 qts/lb. last brew was only 1.051 OG so I could pull off 2.8 qts/lb. I like to mash as thin as I can for a few reasons.
1) mash overnight so the temp holds better
2) easy to stir and drain
3) small batch sparge = minimal tannin extraction possible
4) most of my water in the mash = I can push Ca, sulfate, and Cl up as high as I need to (my water is low in most things)
efficiency is still typically between 75% and 85% which is good enough for me.