I should add that for my initial assessment of Dragokas' code with the smaller buffer being around 2x as fast compared to what I was using before (a variation on my posted Array approach) - This is still the case when doing a smaller # of smaller string concats (for example, when building something like an SQL string).

Code:
Private Sub Form_Click()
   AutoRedraw = True: Cls
   Dim x&, y&, Arr$()
   Dim SB1 As clsStringBuilder, SB2 As vbRichClient5.cStringBuilder, SB3 As Collection, SB4 As CStringBuilderJ
   Dim s$


   New_c.Timing True
   Set SB1 = New clsStringBuilder
   For x = 1 To 1000
      SB1.Clear
      For y = 1 To 100
         SB1.Append String$(100, "A")
         SB1.Append vbNewLine
      Next y
   Next x
   s = s & vbCrLf & "Short Dragokas" & vbTab & Len(SB1.ToString)
   s = s & vbTab & New_c.Timing

   New_c.Timing True
   Set SB2 = New_c.StringBuilder
   For x = 1 To 1000
      SB2.Clear
      For y = 1 To 100
         SB2.AppendNL String$(100, "A")
      Next y
   Next x
   s = s & vbCrLf & "Short RC5-SB" & vbTab & Len(SB2.ToString)
   s = s & vbTab & New_c.Timing

   New_c.Timing True
   For x = 1 To 1000
      Set SB3 = New Collection  '  No Clear/RemoveAll method on VB collection
      For y = 1 To 100
         SB3.Add String$(100, "A")
         SB3.Add vbNewLine
      Next y
   Next x
   s = s & vbCrLf & "Short VB6 Collection" & vbTab & Len(ConcatCollection(SB3))
   s = s & vbTab & New_c.Timing
   Set SB3 = Nothing

   New_c.Timing True
   Set SB4 = New CStringBuilderJ
   For x = 1 To 1000
      SB4.Clear
      For y = 1 To 100
         SB4.Append String$(100, "A"), appendmod_CrLf
      Next y
   Next x
   s = s & vbCrLf & "Short Array" & vbTab & Len(SB4.Value)
   s = s & vbTab & New_c.Timing

   New_c.Timing True
   Dim SB5 As cArrayList
   Set SB5 = New_c.ArrayList(vbString)
   For x = 1 To 1000
      SB5.RemoveAll
      For y = 1 To 100
         SB5.Add String$(100, "A")
      Next y
      SB5.Add vbNewLine
   Next x
   s = s & vbCrLf & "Short RC5-ArrList" & vbTab & Len(SB5.Join(vbCrLf))
   s = s & vbTab & New_c.Timing

   txtText1.Text = s
   Set SB5 = Nothing
End Sub