Explain local manage tablespace and dictionary manage tablespace

hi all,
kindly help me to understand local manage and dictionary manage tablespace
i have read search result and oracle corporation book still unable to understand
what i know that local is managed by bitmap(no redo) and dictionary is managed by dictionary(generates redo) plz explain this as well
and also suggest me some documentation.
thanks
Navin

Navin,
These are excerpts from Oracle documentation
Dictionary Managed Tablespace_
If you created your database with an earlier version of Oracle, then you could be using dictionary managed tablespaces. For a tablespace that uses the data dictionary to manage its extents, Oracle updates the appropriate tables in the data dictionary whenever an extent is allocated or freed for reuse. Oracle also stores rollback information about each update of the dictionary tables. Because dictionary tables and rollback segments are part of the database, the space that they occupy is subject to the same space management operations as all other data.
Lcaolly Managed Tablesapce_
A tablespace that manages its own extents maintains a bitmap in each datafile to keep track of the free or used status of blocks in that datafile. Each bit in the bitmap corresponds to a block or a group of blocks. When an extent is allocated or freed for reuse, Oracle changes the bitmap values to show the new status of the blocks. These changes do not generate rollback information because they do not update tables in the data dictionary (except for special cases such as tablespace quota information).
Locally managed tablespaces have the following advantages over dictionary managed tablespaces:
Local management of extents automatically tracks adjacent free space, eliminating the need to coalesce free extents.
Local management of extents avoids recursive space management operations. Such recursive operations can occur in dictionary managed tablespaces if consuming or releasing space in an extent results in another operation that consumes or releases space in a data dictionary table or rollback segment.
The sizes of extents that are managed locally can be determined automatically by the system. Alternatively, all extents can have the same size in a locally managed tablespace and override object storage options.
http://download.oracle.com/docs/cd/B19306_01/server.102/b14220/physical.htm#sthref518
Regards

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