using the following command:

yields me a folder with 3 LOD,

first one is untouched, non decimated
second one is slighly decimated (LOD_0)
third one is exactly as second one (LOD_1)
this is same effect if I create 10 lods, the fourth, fifth etc will have exactly the same size as LOD_0
using the following command:

yields me a folder with 3 LOD,

first one is untouched, non decimated
second one is slighly decimated (LOD_0)
third one is exactly as second one (LOD_1)
this is same effect if I create 10 lods, the fourth, fifth etc will have exactly the same size as LOD_0