No mine does not look like that...is that a third party app or are you pressing green phone button, menu status? I believe that is where my shows up device is not here right now..
Your lifetime timer cannot be nor should it be easily reset. It is just like the odometer on a car. Would you like it if someone sold you a car saying 500 miles on the odometer but was more like 5,000 or 35,000?
Due to potential fraudulent use I'm pretty sure the only way to do this is kept internally by RIM themselves for when a phone is considered "Refurbished" and its info is modified a bit.
hrm, i wasn't sure that BB's had a visible life timer. if i wipe my phone (which i do once in a while) all my timers reset. therefore if is resettable, it its not a life timer