No, this won't help. Amruta was right, the problem is with the maximum number of objects that a mapi client can open on an Exchange server. Please read the previous postings to this discussion thread a little more carefully.
I can increase the number of Mapi obects by editing the registry on my exchange server as per the article on Microsoft's knowledge base at http://support.microsoft.com/kb/830829/en-us, but what I now need to know is will Backup exec cause problems on my Exchange Server if I increase the maximum number of objtFolder objects from the default of 500 to 30,000 or more?