With this spell you can conjure a simple flying carpet to take part of your burden (by increasing your maximum load, speaking in game mechanics). When conjured by higher-level conjurers, it can also hold some imbued powers. Conjured flying carpets have vastly better bound conjuration energy (which is the reason it is so difficult to imbue powers in them) so they usualy last much longer, and with clever use of stability boosting spells, it\'s duration can be prolonged effectively to infinity. Or until conjurer dies :)

See also: minor stability boost