Recent List

The Recent List is a list of your most recently used folders, displayed in the Go menu. The options here let you control how many folders are saved in this list:

 

This page also lets you configure the size of the Lister History list; this is a separate list of recently visited folders that is local to a Lister. It is the list shown in the drop-down on the Back and Forward buttons on the Location toolbar, and also defines how many folders back and forward you can go when you click these buttons.