Here's a nice voltage drop calculator:
http://www.bulkwire.com/wireresistance.aspAssumptions:
12.8 Volts at battery
4 Ohm per magnet
25 foot cable run
1 10G case:
If the 4 magnet are at the end of 1 10G wire run the the wire "sees" a 1 ohm resistance.
Wire Resistance: .04054.
Voltage at magnets : 12.3 Volts
4 16 G case:
In this case, since there are 4 wire runs, we use 4 ohms as the resistance at the end of the wire.
Wire Resistance: 0.10211
Voltage at magnet: 12.48
So, it appears that home running 16G wire would produce a somewhat better result than running 10G and then a star configuration from there.
I've simplified things and ignored the star at the end of the 10G wire. I'm hoping that simplification isn't skewing things too much...
[ EDIT ]
I redid the math and assumed a 20' run of 10G and then 4 5' runs of 10G. I got 12.52 volts to each magnet that way. So it still seems that, in theory, I would get the same results as as 10G wire.
I also looked for a 2nd way to check my math. The cross sectional area of the 10G wire is 5.26 mm and 16G is 1.31 mm. Well 5.26 / 4 = 1.315, so it appears that 4 16 gauge wires is electrically the same as one 10 gauge.
[ / EDIT ]