My NOTES: Added my USA_10M_Mesh folder back into Addon Scenery. This is a 2.31GB 
          folder with 48 BGL's, ranging in size from  10 to 85 MB. I recieved the 
          "Out of memory Error" while processing this folder. ( 1.303GB usage shown )

 Memory usage at the end of the "Scenery" folder scan is only 235 MB.

Final portion of log below.
-----------------------------------------
STARTING ADDON SCENERY

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USS Stennis\scenery\Stennis_Old_SD.BGL

Decompiler Output...

.      1357    138   1 ... NameList
Name List Extracted
K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USS Stennis\scenery\Stennis_SD_new.BGL

Decompiler Output...

.      1345    135   1 ... NameList
Name List Extracted
K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USS Stennis\scenery\Stennis_Toulon_new.BGL

Decompiler Output...

.       581    119   1 ... NameList
Name List Extracted
K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USS Stennis\scenery\Stennis_Toulon_new_2.BGL

Decompiler Output...

.       472    121   1 ... NameList
Name List Extracted
K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_1a.bgl

Decompiler Output...

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_1b.bgl

Decompiler Output...

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_1c.bgl

Decompiler Output...

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_1d.bgl

Decompiler Output...

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_1e.bgl

Decompiler Output...

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_1f.bgl

Decompiler Output...

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_1g.bgl

Decompiler Output...

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_1h.bgl

Decompiler Output...

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_2a.bgl

Decompiler Output...

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_2b.bgl

Decompiler Output...

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_2c.bgl

Decompiler Output...

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_2d.bgl

Decompiler Output...

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_2e.bgl

Decompiler Output...

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_2f.bgl

Decompiler Output...

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_2g.bgl

Decompiler Output...

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_2h.bgl

Decompiler Output...

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_3a.bgl

Decompiler Output...

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_3b.bgl

Decompiler Output...

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_3c.bgl

Decompiler Output...

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_3d.bgl

Decompiler Output...

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_3e.bgl

Decompiler Output...

K:\Program Files\Microsoft Games\Microsoft Flight Simulator X\addon scenery\USA_west_10m_mesh\scenery\usa10_3f.bgl