I know this is a very old question, but I was just looking for the same answer and this was the only reference to the issue I could find.
I had used the MyODBC connector back in 2005 and used an option value of 1 (amongst others).
Upon needing to use the connector again now, I couldn't find reference to what Option=1
meant.
WaybackMachine provided the answer:
Connection Parameters
Value Description
1 The client can't handle that MyODBC returns the real width of a column.
hth,
d