The bigger the green circle is, the more traction is available at that tire. This is, of course, directly proportional to the amount of vertical load on the tire. If the circle turns red, you are obviously exceeding the amount of traction available.
There are also two lines that come out, and change direction and length. It is unclear to me exactly what this are, but may be the direction the tire is pointing, traveling, or may represent slip-angle somehow. I found some very old threads that discussed this, none of which came to definitive answers. I would like to know more about this myself.
carbsmith:b) Is there actually anything useful one can do with it other than deciding where the diff is on accel,
The best diagnostic for your differential is your individual wheel speeds. If they are the same on one axle, then that differential is locked.
and seeing that the car is under/oversteering or locking up the front or back first?
I pretty much only use that menu to analyze load-transfer and to set my brake bias. It can also be used to tune the driver, i.e. show where you should lift.
it almost makes me want to put roll stiffness in to try and even things out. But it also seems like that's just going to make the front end plow harder.
Adding roll stiffness will make things less even. Roll bars do two things, one of them bad and one of them good:
1. They increase lateral load transfer. This is always bad.
2. They help maintain proper camber angles. This is good. But the telemetry you should look at to guide your decision on this is tire-temperature profiles. Some people also slow-mo the dynamic camber telemetry (I do not).
3. I know I said two things, but they also affect your oversteer/understeer.
So run the minimum ARB you need to maintain proper camber angles and you should be good. This will vary by track.

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