The native format for points in the GPS receiver is WGS 84, a Latitude/Longitude format. Since this is not compatible with X,Y,Z of CAD programs, they are converted to one of many Cartesian (X,Y,Z) formats available around the world. In the "Grids and Units" tab of Preferences you specify the Output Datum and Units for the converted points.
There are several Units available to choose from:
It's IMPORTANT to understand that these four UNITS are used to convert the GRID COORDINATES shown when the program receives the points from the GPS unit. The numbers affected by these units are those in the "As CAD Points" column of the grid.
There is another Units drop-down box shown with the "Direction Distance" grid of the main program window. These units affect only the measurements in the Direction Distance grid. More on this can be found here.

The output grid should be selected by clicking on the desired "node". When available, comments regarding each datum appear in the "Comments" box. The Datums have been organized into "American Projections", "European Projections", "Pacific Projections", and "Universal Projections". These are our designations for simplicity, and carry no other special significance. A complete list of the supported datums is listed here. However here are some simple guidelines: