In my own defense:

I was asking a simple question:

will highly correlated cause an irregularly high R^2.

My answer to my own question is  "no" it can't.. 
No-one here was able to give me this answer and I believe it is
correct: if your sample is large enough,(as mine is) then "no",
multicollinearity cannot affect your R^2, it will only affect the
coefficients and their signs and errors.


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