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Thanks for the suggestion. The periodic refresh cycles are done via internal refresh mechanisms and there are a lot of efforts put into the development to ensure that performance isn't sacrificed. One of the key design points of PowerVC is simplicity and efficiency, so we've tried to hide a lot of these types of "low level" knobs from the interface. In general, we advise people to use the PowerVC interface directly so that these state changes are instantaneous - and in the (hopefully rare) cases where the HMC is touched directly, the feeling was that 3-5 minutes for a refresh time would suffice. Thanks again for the feedback and please keep additional suggestions and comments coming!
Creating a new RFE based on Community RFE #94694 in product PowerVC.