A new feature in SharePoint Server 2010, resource throttling provides options for monitoring and throttling server resources and large lists for Web applications. This enables you to control resource utilization during peak usage and prevent user activity from negatively affecting server performance.
Resource throttling can monitor such resources as CPU, Memory, and Wait Time, checking resources every 5 seconds. Throttling will begin after 3 unsuccessful checks. This throttling period will end after a successful check of the resources.
Depending on your hardware, you can try to set some value for threshold and monitor server performance. In my case, i have configured List View Threshold = 10000, but i haven't tested case 30000 items