There is no good and bad here: is depends on what you want to achieve. One, global static list will give you the population since the beginning, unless you empty the lists. Statics lists in your quarterly programs will have to be populated each quarter.
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Anytime we need to continuously refer to static lists across multiple programs, we create that list in Lead Database vs. local to the program. Either approach will work - it's just easier when they're all located in a central location.
That is what I was thinking Dan - easier to have these particular static lists in one central location (lead database) rather than copy them to each local program every quarter. Thanks!