Almost one year ago Iggy Fernandez asked me to write a short text for the Ask the Oracles column of the NoCOUG Journal. The topic was “Bind Variable Peeking: Bane or Boon?”. My text along with the ones of Wolfgang Breitling, Dan Tow and Jonathan Lewis were published in the August issue. For some (unknown) reasons I never published that text on this site. Today, I correct that oversight. The text can be downloaded from this page.

Thanks for that.
There is nice article with examples about bind variable peeking and instability of execution plan by Alex Fatkulin: http://www.pythian.com/news/867/stabilize-oracle-10gs-bind-peeking-behaviour-by-cutting-histograms/