IsEnormous is a script tag found within char.dat. It is only used to immediately state that a character cannot be "transparent " - this means the player cannot see terrain behind the character if the character is blocking their line of sight. Basically think of it as the monster being so big, it is impossible to see what is behind it as it is taking up so much space. Any further implications are unknown and unimplemented.
An enormous character blocks line of sight as if it were actually a wall. However, an enormous character ceases to block line of sight if it is either composed of a transparent material (e.g. glass) or is currently invisible.