As the 'cursor' bar passes each menu item, there's an info bar (white letters on black background) at the top of the screen, showing the current setting for the current item. Scroll through and adjust to your personal preference if what's shown on the info bar is not to your liking.
When it comes down to it, there's really very little to adjust, and what there is is down to personal preference and the circumstances of the gig. You've already said how you want the format set. I think you're right about the level.
I'd be inclined to have almost everything set "off". As you pass the "detail menu" option, select it to see the submenu stuff there.