Question re: RewriteOptions MaxRedirects

I’m getting an internal server error all of a sudden whenever I try to access my site or any of the pages in the admin area.

According to the error log, the maximum number of internal redirects has been reached and it suggests I increase the limit with RewriteOptions MaxRedirects.

How high should this be set? I’m using permalinks on my site formatted as /%post_id%/%postname%/ and I assume these redirects are created for these permalinks, is that correct?

Do I need to be concerned about reaching the maximum number of redirects? Will this error keep reoccuring as I add more posts and will it affect the performance of the site as it gets bigger?

I’m currently running the site locally on OS X 10.4.2 to test everything before going live and haven’t done any significant configuration of Apache, beyond enabling mod_rewrite. There are only 2 posts and 8 Pages on the site and it was working fine until all of a sudden this error popped up.