I have 5 and they have a 611,448% on them..

I've decided I'm going to make some paralyze poisons and damage health potions using them. I shall only use these potions when I am in such a bad situation that there is no way out.

Nah. Go paralyze an essential character you hate.

I was planning on also poisoning everyone in Dragonsreach and mocking the Jarl by sitting in his chair.

I'm kind of confused as to what this glitch actually does.

it increases the enchantments on gear. used with alchemy, enchanting and smithing, you have the exploit of all exploits.

It basically allows you to make the stats on your armor and weapons (Or.. at least armor) more over powered than the most over powered class/creature in the game.

It's simple to do and makes you so OP that not even an Ancient dragon can't kill you (Depending on the enchantments on your armor).

For example, my stats on my helmet right now are:

Bows do 275196% more damage and my magicka is increased by 428083 points.