Backup question for KH

#1
The VZ/PC/Maintenance screen is saying that I've reached the max number of allowed backups:

[Broken External Image]:https://65.99.239.74:4643/vz/skins/winxp.new/icons/alert_yellow.gif You have reached maximum allowed number of backups.To make new backup You should remove older one.

How many backups is my account allowed and do I have to manage (delete) old backups manually?

This warning was on the page the other day when there was 1 fewer backups, yet it still created another incremental backup yesterday morning.
 
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