First off, let’s agree that namespace should match folder structure and that each language artefact should be in its own file.
(see Should the folders in a solution ma
I think you need to define a cut-off point where the flat approach no longer works. For example, if you have a typical 3-tier architecture in a smallish project, having 3 projects on the outer level is no problem. However, if you have a few dozen, then some sort of grouping helps segment functionality and makes the whole solution more understandable.