I just did a quick experiment with an online DOF calculator. It seems there is more DOF with larger sensors, all things being equal.
Nikon D90 with 50mm lens at f/5.6 focused at 10 ft. Total DOF: 2.76 ft.
Nikon D700 with 50mm lens at f/5.6 focused at 10 ft. Total DOF: 4.25 ft.
Good to know!
Two notes on "all things being equal":
1. You used the calculator at DOF Master. Note that it uses different circles of confusion for the two cameras. In other words: Your results aren't comparable anyway.
2. Do compare the fields of view as well:
Horizontal field of view on the D90: 26.5°
Horizontal field of view on the D700: 39.5°
So much for "all things being equal".
Now let's look for a lens which on the D700 gives us 26° field of view as well. After all we're usually interested in comparing teles to teles, and normal lenses to normal lenses, not 50s to 50s whose results look completely different on different cameras.
So here we are:
Nikon D700 with 75mm lens at f/5.6 focused at 10 ft. Total DOF: 1.81 ft.
That's the equivalent of your 50 on the D90. To get the same DOF, you have to open the lens on the D90 by a stop. This is exactly what everybody has been discussing in this thread. Note that that's already with the bigger circle of confusion for the D700. If you assume the same small circle of confusion in comparing both cameras, the result is even more pronounced.
So it's exactly the opposite as you presumed:
Larger sensors give
smaller DOF.
Take that with a grain of salt, DOF is a tricky matter.
Now I will go and take some pictures with my 90/f8 wideangle.