Edit global Simulation Level

Is there a way to change the Simulation Level setting during a simulation?

For example, I plan on developing an add-on that can automatically adjust the animation quality during simulation based on process memory consumption. This would be one backbone for running background process that can run and record several simulations in sequence using different configurations for layout in 3D world.

And of course, it would be helpful if the vcApplication.Animate property worked in 4.0.