Android :: Licensing - Setting Server Response Values Per Application

So I've just published my first paid app to the Market and I used the new LVL with the default ServerManagedPolicy. On working through the docs and getting it set up I noted the references to the server response extras VT, GT, GR & UT, and the impression I got from quotes such as "a typical value would be 5 or more days.", "a typical value would be "10" or higher." etc., was that we would have some way of setting these server response values per app when we upload them to the Market. Either I'm missing something, or there does not seem to be a way to set these in the Developer Console that I can see? If we can't set these, it's not really a 'managed' policy at all, but a random 'whatever the server decides to respond with' policy, particularly given the vagueness of the documentation.

I really hate phone home licensing, and am only using it because it seems to be the only option to combat Android piracy. Ideally I want to just check once when the app is first launched, once a day or two later to check they didn't return it, then cache that for 6 months (forever?) to minimize disruption to my users. Is this kind of thing possible with the ServerManagedPolicy or do I have the wrong end of the stick about the 'management' features and have to roll my own? On a side note, if I can't buy my own app, how can I test my licensing is working in the wild? I got several 'NOT_LICENSED' responses in testing even when I set it to return 'LICENSED' in the console, so I'm not 100% convinced of its stability and want to actually see how well it works outside the testing environment, but apparently can't buy my own app to do so!