Optimization Handbook (Ongoing)

Could you give me an insight as to what the log is supposed to tell me?
I mean, what am I looking for. I understand what it’s saying, but not sure how to use it?

And, ubiquitous as you are, I found you mention something about LODs not really being the issue when it comes to performance.

Hypothetically, if I were to reduce all the LODs of every object (I certainly will NOT), would that decrease the overall load? LODs are still kind of elusive for me.