Thanks, that does clarify things. It will still be good to exercise caution though. Imagine if the low bond dimension MPS you reached at the end was similar to a dimer state with singlets connecting sites (1,2) (3,4) (5,6) etc. Even though it would be an MPS of only bond dimension 2 at most, if you switched to the other site ordering of 1,3,5,... 2,4,6... then representing this state as an MPS would require exponential resources as a function of N.