I am using the editor to create a plane with the displacement map applied to; i set 200 segments in the width and height.
I would like to add an script to create a level of detail, when LOD near is these 200 segments and when far distance from the camera the segments reduces to 1.
Do you want to increase LOD for the plane? Or for objects?
I use textures a lot to increase apparent resolution.
There is also a technique where you can use different LODs for a single plane, by subdividing nearby grids. You can find a good discussion of this here on the SimonDev website..