I use the Photoshop Lightroom exchange a lot and use Bridge also (image processor).
Does this mean then that it would be better for me to turn it on?
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It slows things down, as I noted. Again, it's very easy to save out the changes (via command or control S) to save all changes to XMP files in the folder you're in.
How many files we talking? There have been 100+ post threads on Adobe's forums about this. Maybe worth having a read.