I recently made a kölsch using the Köln dry yeast strain, and used a single (very slightly "expired") 11g packet. No issues with fermentation, and it tastes splendid, at least to my palate. I'll confess that is a single point of anecdata, though...
As a brief aside, I've tried both Köln and K-97 for my kölsch recipes, and prefer Köln. It seems to ferment just a touch cleaner, and flocculates more quickly. Anyone else have thoughts?