How do i resolve this error "The site is too large to save as a template. The size of a template cannot exceed 10485760 bytes." in MOSS 2007

I get asked quite commonly about increasing the maximum size of List Templates (Saving a list as a template is an easy way of transferring data from one place to another in SharePoint). The quick trick here is as follows :

stsadm -o setproperty -propertyname max-template-document-size -propertyvalue 350000000

Note that:

• The above increases the maximum size of both site and list templates.
• The propertyvalue parameter is in bytes, so the example above will increase the maximum size to approx 350MB.
• Default value is 10 MB or 10485760 bytes
• There is a hard limit of 500MB so the value must be less than 524288000 or you will get an error when saving the list as a template.