This .ini setting will increase objects loaded in the cells around you. It's good for eyecandy that the high res models are used from a distance instead of the sudden popups for buildings and such. I have had notable slowdown and instability when increasing this from 5 to 7 with Fallout 3. Monster crash marathons when used with Fallout: New Vegas. How stable is it with Oblivion, have you had good results or is it your recommendation to stay away from it?

CAUTION: When you save your game after increasing this setting ( default 5, always odd numbers ) then you are somewhat committed to it because the .ini information is recorded in your saved game. To lower it again you must have your game running, alt + tab to your .ini to lower it, alt + tab back to your game and console `refini and then save your game.