Indexes on computed columns will not be used - is also true.
From Books Online article "SET (Transact-SQL)"
"When you are creating and manipulating indexes on computed columns or indexed views, the SET options ARITHABORT, CONCAT_NULL_YIELDS_NULL, QUOTED_IDENTIFIER, ANSI_NULLS, ANSI_PADDING, and ANSI_WARNINGS must be set to ON. The option NUMERIC_ROUNDABORT must be set to OFF.
If any one of these options is not set to the required values, INSERT, UPDATE, DELETE, DBCC CHECKDB and DBCC CHECKTABLE actions on indexed views or tables with indexes on computed columns will fail. SQL Server will raise an error listing all the options that are incorrectly set. Also, SQL Server will process SELECT statements on these tables or indexed views as if the indexes on computed columns or on the views do not exist. "
It would be nice if I can get my point. Thanks.