It's primarily for your oil change interval. The FSS keeps track of how you drive and determines when the oil needs to be changed. The reset instructions are in your owners manual, involves turning the key on and off and pushing a couple buttons in a certain order. I believe they are in a thread around here also if you don't have a manual.

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Muleears
'07 E320 Bluetec 133K my DD
'04 Jaguar XJ8 VDP, 34K
'10 Hyundai Accent 60K Grocery Getter
'02 VW Golf soon to be on the road again
'97 E300 Diesel Son's DD
'61 VERY tolerant wife

Hampton Roads, VA USA

Gone but not forgotten:
'67 250S 95K
'86 300SDL
'87 300D Turbo, 364K! R.I.P.
'98 E300 Turbodiesel, 213K
'02 S420, 164K
'01 Prius 138K