Yeah, I'm pretty sure the 5412R will handle it without batting an eyelid. We'll only be using 21 LAGs initially. I might run some benchmarks on L3 vs L4 load balancing just for interests sake to see if there's any noticeable increase in load on the core.
I priced up a stacked core, but the modular option was less expensive and has twice the throughput and more flexibility.
Thanks for your input. The switches haven't arrived yet so I'm working my way through the various manuals to rough out a config, and asking questions for the features I'm not familiar with.