If the dwarves were seriously considering a pitched battle between them and the Elven-Laketown alliance, the latter force could have been no more than say 350 men a piece, and I could imagine that number outside the gates of Erebor yet unable to break through. Maybe a 450-250 split in Mannish favour.
Compared to the 10,000 orcs at Helm's Deep and the tens of thousands at the Pelennor Fields, seems rather a skirmish, does it not?
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