Anim8or Community

Thank you for a wonderful program, I wanted to try my hand at modelling and looked at several programs but Anim8or is certainly my favourite.  I've made a few simple models so now want to try some animation.  I'm a bit unclear about frame rates, is it just a question of higher is better quality/slower render or are there other things to take into account?  I think I remember reading somewhere that film animation is 24 fps, is that the best to use?  Any help would be appreciated.