SharePoint 2010 lists and libraries can hold a maximum number of 30,000,000 items. In a SharePoint site the list view threshold is 5000 for users and 20,000 for auditors and administrators.
SharePoint large list and libraries operations like Delete/Update are one of the top performance killers.
What can we do if the server is overloaded when we access large lists and libraries? One solution is list view throttling.