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I got rid of it also. My memory is fuzzy, but I seem to remember discovering that the automatic PGA feature isn't implemented yet on OS X, meaning you have to manually size the various buffers.
You probably already discovered that you can put the environment variable definitions wherever you want. /etc/profile makes the settings conveniently available to all sh/bash users on a box.
This article was a bit sloppy on various counts, as other comments indicate, and I'm surprised it hasn't been perfected over time. I guess the author is hoping you will buy his product or services ;-)
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