on my system i had to insert apc.shm_size = 64M into /usr/local/etc/php.ini (FreeBSD 9.1) then when i looked at apc.php (which i copied from /usr/local/share/doc/APC/apc.php to /usr/local/www/apache24/data) i found that the cache size had increased from the default of 32M to 64M and i was no longer getting a large cache full count
references: http://au1.php.net/manual/en/apc.configuration.php also read Bokan's comments, they were very helpful