I have many tables that use Lookup/Enum references for most of their column values. For example: Person Table - PersonID | RaceCode | HairColorCode | HairStyleC
There's a potential performance difference.
A table with just 2 rows ties up a lot of space in cache for those two tiny rows.
If you have a lot of lookup values in a single table, you -- effectively -- pack those values more densely into cache.