This is actually something that’s been there for years, but most recently, within the past month or so, it seems this has been tied down a bit more.
Generally speaking though, when you encounter this error you can still move forward. You just have to get the formula into a green state, and then add on the extra bits that push it beyond its limits.
As long as it started in a green state, the system should accept it and it will actually work - even though you’re getting this error. As long as the formula that you’re putting into that field is correct, so that there’s no errors that will be found, you can keep modifying and adding things to that formula - and it will continue to work.
But once you let the system reevaluate things, and it actually finds an error, it will never get back to a green state again. At that point the solution is to simplify your formula so you can get back to a green state, then add in all of your extra bits on top - putting it back where it belongs.
I’ve got one app that’s been inside this zone for a while now: my giant note parameter creating formula, in the app that I made to make all the template table stuff that I have for my patreon supporters. It’s something like 200 or 300 lines… 
But as long as I keep making modifications to the formula that I know are 100% correct, it has allowed me to continue to make updates to that formula - with everything working exactly as it should, even though I have that error saying that the formula is too big to evaluate.
It’s all about staying in a green state, you just can’t ever save an error - when the system is reloading after the save, that formula will be reevaluated, even though the system says it’s too big, and the error will be found and then you’re screwed.
As long as your giant formula is always 100% correct, you shouldn’t have any problems. 