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The <unitvalue> only constrains points entered by grid snapping. Points explicitly typed at the commandline are quantized by Piglet's global resolution RES which can be set at compile time in "db.h" and is typically 5 significant digits.
If UNITs is invoked without any arguments, the current unit setting is printed.
The PD Piglet homepage is at http://www.omnisterra.com/walker/linux/piglet/intro.htm.