With your VRF-lite deployment you described, are you planning to run any dynamic routing protocols, or are all the routes static? If you are using dynamic routing for these VRF lite instances, I would probably be worried about the number of IGP instances needed. However, maybe someone else has run a high number of VRF lite / IGP instances like that and could share their experiences.
Another concern with a 70 VRF deployment using VRF-Lite is the operational overhead, especially if you are running end-to-end VRF-lite. The Path Isolation Design Guide recommends as a rule of thumb no more than 10-15 VRF's when doing end to end VRF lite.
http://www.cisco.com/en/US/docs/solutions/Enterprise/Network_Virtualization/PathIsol.pdf
Good luck,
Matt