There should not be a negative if you enter a valid mail host.
Especially if email does not work to begin with.
As far as viewing/editing your php.ini file that is up to the host to allow you to see or edit it.

You might be able to see the settings in phpinfo depending on how your host has you setup.
You can try:
UBB Control Panel » PHP Info



Blue Man Group
There is no such thing as stupid questions. Just stupid answers