Pete, I have to backtrack on this one. Looking thru Futuyma, the rate of evolutionary change is not related to population size. The equations are about the proportion of individuals with a particular allele, which applies to any population size. The rate of change of p is proportional to the coefficient of selection.
Mayr's graph portrays chage in a species over time, and the rate does become asymptotic. Mayr denies that this is due to stabilizing selection, saying stabilizing selection is always present, but then doesn't offer an alternative explanation. It looks to me that earlier in the lineage directional selection is stronger than stabilizing, but later, as the population reaches its fitness peak, then stabilizing takes over. But I need to do some more research on this.
Population size becomes important when comparing the importance of selection to genetic drift. From Futuyma, pg 392: "the effective size Ne of a population and the strength of selection (s) both affect changes in allele frequency. The effect of genetic drift is negligible if selection on a locus is strong relative to the population size -- if s is much greater than 1/(4Ne). Conversely if s is much less than 1/(4Ne), selection is so weak that the allele frequencies change mostly by genetic drift: the alleles are nearly neutral. For instance, ifthe genotypes AA, AA', and A'A' have fitnesses of 1.0, 0.995, and 0.990(where 0.990 = 1-s, so s = 0.01), selection is overwhelmingly important if the effective population size is greater than about 250; but if it less than about 10, genetic drift is more important."