If I make a managed client into an unmanaged client, will it retain all of the policies...

...specifically all of the centralized exceptions that I have defined on the SEPM, or will it all be gone and I will need to redefine it?

The second question I have is, I have made myself an unmanaged client in order to test something, first, the definitions are from Feb 5th, the day I made it unmanaged, 2nd, I can not click on the live update since it is greyed out.

How can I correct this?

Thank you

Windows O/S 7 64 BIT

SEP 12 (The most current one)