I'm no expert Dave lol, but I've been using this software for ages now and i think this is what they mean.
DRRS PUNCH - How aggressive initial throttle inputs are.
ATMS Timing - How many degree's of timing is applied to the motor
SC Boost Level - This is the setting on how mental you want to make it, I think its for every several degree's or so of timing how much extra RPM is added.
RPM Delay - How long the delay is before the extra RPM kicks in.
SC Punch - How aggressive the boost kicks in.
That's my guess but it may be totally wrong
Here's my settings for fav anyway if it helps. I run a Speed Passion V2 so you may have to play with the boost and stuff on how it suits your motor, dad still uses an old Novak SS Pro and its got far more kick to it than mine lol.
Anyways -
1 - 1
2 - 3
3 - 1
4 - 6/7 <--- DRRS Punch
5 - 4
6 - 1
7 - 2
8 - 1
9 - 6 <--- ATMS Timing
10 - 1
12 - 5 to 7 depending on how confident i am lol <--- SC Boost Level
13 - 3
14 - 1 <--- RPM Delay
15 - 3 <--- SC Punch
My box has Speed Passion Software on it, and i think it may name things differntly and maybe in a differnt order so thats why ive highlighted all the boost settings above

Cheers,
Will