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The binary cache is always on, but it should be a lot more efficient than what any addon could ever accomplish, so the effect on loading times should be negligible.
By default the game will limit the amount of data in the cache to 30 or 180 days depending on the category and it won't actually do anything with it until an api call is made to read that information.
Due to it being a custom binary format, it is also going to be a lot faster to load than addon saved variables that have to be parsed by the Lua interpreter.
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