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Need to know best practice with List of Values - Where and types.

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I am planning on using  a master data foundation and would like to place most LOV in the data foundataion so that the 7 universes I need to build over this foundation can inherit the LOV.   The only two types of LOV that can be built in the dfx is Static and Custom Sql. 

Is there a benefit over having the LOV exist in the Business layer?

Does it make a difference to performance using custom sql  in the data foundation versus query panel business object in the business layer?

 

Thanks for any feed back. 


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