feat: Traceback - Expose more locals rendering options

[Kigstn]

Type of changes

• [ ] Bug fix
• [x] New feature
• [ ] Documentation / docstrings
• [ ] Tests
• [ ] Other

AI?

• [ ] AI was used to generate this PR

AI generated PRs may be accepted, but only if @willmcgugan has responded on an issue or discussion.

Checklist

• [x] I've run the latest black with default args on new code.
• [x] I've updated CHANGELOG.md and CONTRIBUTORS.md where appropriate (see note about typos above).
• [ ] I've added tests for new code.
• [x] I accept that @willmcgugan may be pedantic in the code review.

Description

Hi! I ran into an issue where rich tracebacks were spamming my logs with deeply nested items & found no way to reduce this. This PR is a simple re-implementation of the accepted PR #3415 where the author did not respond to fix merge conflicts :)

Please see the above mentioned PR for information & background. I simply moved over the changes