I have used a similar boring head for many years, from time to time.
The minimum bore size is determined by the size of the tool that you fit, and by the minimum radius that you select.
the maximum is determined by the greatest radius to which the head can be adjusted.
Mounting the tool in the horizontal hole will allow much larger holes to be bored. But there may well be a gap between the maximum with the tool in a vertical hole, and in the horizontal hole.
Howard