The only functionality it has is > m_domTimerAlignmentInterval = m_domTimerAlignmentIntervalIncreaseLimit; though there is a comment suggesting it would update visibility state as well (that's no longer true). I can't immediately see what we do for non-"prerender" hidden pages, but presumably they would also throttle the timer interval? Blame suggests you might remember Tim though it's been a decade or so.
<rdar://problem/108776400>