One of the things you don't learn in an OW class is the concept of Oxygen Toxicity. Yes, you learn the term, and you're told that too much oxygen is toxic, but you never really learn what the deal is.
For every atmosphere you go down, the relative partial pressure of the O2 in your air goes up [typical boyle's law]. e.g. at 33 feet your getting a PP02 of .42; at 130 feet, you're getting the equivalent of pure oxygen. It's fine for the length of time your going to be at that depth, but if you were there for days, you'd start having problems.
Recreational depth limits prevent you from having an issue with Oxygen toxicity. However when you start playing with EANx, those limits change. For example, if your down at 130 ft on 39% O2, your looking at a PP02 of over 1.9, which is definately above the threshold to bring on CNS O2 toxicity (the threshold being 1.6).
When you learn about nitrox, you'll learn about these O2 toxicity thresholds, and you'll end up coming up with a personal threshold. So lets say you take the 1.6 threshold:
((1.6 / .39) - 1 ) * 33 = 102 fsw.
That says you can't exceed 102 feet without exceeding the PPO2 threshold. If your dive is below that, you've got to get yourself a different mix.
Now the _advantage_ comes in with the removed nitrogen. You can use that in two different ways. First, you can use EANx to give you a higher safety buffer in the dive tables, if you stick to dive profiles that fit in the air tables. The second option is using EANx to get longer no-deco limits. For example, if your diving 100 fsw on air, your nitrogen partial pressure is 3.18. On 39% Nitrox, it's 2.46. 2.46 would be equivalent to 70 fsw on air.
Don't trust my math, but hopefully that explains it a little better. And as always, Caveat Emptor... free information is worth the price!
-Jeff