typo is there
how ever ... the settings.cfg itself isnt required to be manually searched for anything because the settings should be handled through the games menu.
{F6484}
its developers decision to spent time and effort to change it or not
----
found in settings.cfg:
C_MOUSE_BUTTOM_SWITCH = false //Switch build/remove mouse buttons
c_mouse_BUTTON_switch
G_MAX_SEGEMENTSDRAWN = 10000 //Max segments Drawn at once (view distance)
g_max_SEGMENTSdrawn
G_DRAW_EXHAUST_PLUMS = true //Draw thruster plums
g_draw_exhaust_PLUMES
G_DRAW_BACKGOUND = true //Background Image
g_draw_BACKGROUND
G_FRUSTUM_CULLTING = true
g_frustum_CULLING
G_FRAMRATE_FIXED = 30 //Limit Framerate (30, 60, 120, 240, or -1 for unlimited),
g_FRAMERATE_fixed
G_DEUBG_LINE_DRAWING_ACTIVATED = false
g_DEBUG_line_drawing_activated
N_SERVERTIME_UPDATE_FREQUENCE = 10000
n_servertime_update_FREQUENCY
G_USE_HIGH_QUALITY_ACKGROUND = true
g_use_high_quality_BACKGROUND
G_USE_TWO_COMPENENT_SHADER = false
g_use_two_COMPONENT_shader
And not sure about this one, but it seems like it ought to be g_water_USES_mipmaps:
G_WATER_USER_MIPMAPS = false