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The threshold for this isn't necessarily regarding the amount of qualified records, but the amount of filters you're using to find those qualified records.
If you're using a single filter that points to a static list of 20k records, it'll get processed differently and faster than if you're using 20 filters to query against to find your 20k records.
Fascinating! That makes total sense. Any other tips or behind-the-scenes tidbits you can share?