Transfer An Array To A Range

Is there a limit to the size of an array that can be transposed in Excel '97?
The following works with an array size of 1000 by 4 but not 2000 by 4

Dim arrDetail() As Variant
Dim i As Long, Dim counter As Long
counter = 1
For i = 1 To 2000
If a certain condition Then
Redim Preserve arrDetail(1 To 4, 1 To counter)
arrDetail(1, i) = "string" & Rnd(i)
arrDetail(2, i) = i
arrDetail(3, i) = Cells(i, 1).Address
arrDetail(4, i) = IIf(i Mod 2 = 0, True, False)
counter = counter + 1
End If
Next i
Range(Cells(1,1), Cells(counter,4)) = Application.Transpose(arrDetail)...........