Firstly, the best place to get support on Ultimate Terrain products is over at their support forum
here.
Now on to the comments regarding performance impact. As noted in the dialog which appeared when you first ran the Ultimate Alaska Setup Tool, and in the manual, the default 'out-of-the-box' configuration is to have all its scenery enhancements enabled and cranked up to their highest feature level. This means that in the heavily populated areas such as Anchorage and Fairbanks, each residential house is its own object, placed for best fit with the terrain. This will tax a system more than the default FSX New York city for example.
Ultimate Alaska therefore has the most extensive set of configuration options of any of the Ultimate Terrain X series products to allow users to balance features versus performance based on their system both at a simple global area level and down to an advanced per-location level. Despite thus extensive set of options, it also implements a new "Preset" feature which allows quick changes to overall functionality without the need to delve into the advanced settings, and so offers a very simple method to control the balance of features versus performance for the majority of users.
So for users who are not too concerned about the highly detailed and accurate placed housing objects in the major cities like Anchorage and Fairbanks, and would rather have the general landclass based autogen placement of residential buildings to gain some performance because of this trade-off, then just select the AlaskaModels3 preset available to you. Simple as that.
Note that for the presets AlaskaModels1, AlaskaModels1Alt and AlaskaModels2, changing the autogen complexity in FSX or tweaking the autogen levels in your FSX.CFG will have limited use as the objects are not autogen. It would be the scenery complexity in FSX which will have more impact in those cases.
In general however, use the presets rather than moving your FSX scenery and/or autogen complexity settings from what you normally fly at to balance things.
For a lot more information on how and what the Ultimate Alaska presets do, along with explanation of how to balance performance versus features, check out the user guide which was installed with the product.
Jeff