I'm on 2008, so the file is in C:\ProgramData\Symantec\LiveUpdate I believe:
When I checked this file, I only have HOSTS\0 and it is pointing to my internal liveupdate server.
I went to Admin > Servers > Local Site > Edit Site Properties > LiveUpdate Tab > Edit Source Servers.
Choose "Use a specified internal liveupdate server" and added a server as "test"
I wanted to know if the settings.liveupdate file change when I did this, and it did NOT!
Any idea why?
Can I copy the settings you have for HOSTS\0 to my own settings.liveupdate?