What are the side effects of setting "_object_statistics=false"?

Hi,
On a 10.2.0.3.0, due to frequent ORA-04031 errors, we have been recommended to set objectstatistics=false in init.ora and bounce the database.
Metalink Bug ID: 3519807
Going through the available documentation on net, I found that this parameter would have same effect as setting STATISTICS_LEVEL=BASIC or even worse.
Documentation (for statistics_level) says following options are affected.
* Automatic Workload Repository (AWR) Snapshots
* Automatic Database Diagnostic Monitor (ADDM)
* All server-generated alerts
* Automatic SGA Memory Management
* Automatic optimizer statistics collection
* Object level statistics
* End to End Application Tracing (V$CLIENT_STATS)
* Database time distribution statistics (V$SESS_TIME_MODEL and V$SYS_TIME_MODEL)
* Service level statistics
* Buffer cache advisory
* MTTR advisory
* Shared pool sizing advisory
* Segment level statistics
* PGA Target advisory
* Timed statistics
* Monitoring of statistics
We have daily schema statistics gathering schedule in place so I feel query performance should not be affected (of course, this is my assumption).
I just wanted to know what else would be affected due to this.
Thanks in advance.
Regards,

Please let me know your ideas/inputs.

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Please let me know your ideas/inputs.

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What are the side effects of setting "_object_statistics=false"?

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