Mark,
max_querydegree ANY, 1 - 32,767
Default: ANY Specifies the maximum degree of parallelism that is to be used for any SQL statement executing on this instance of the DB2 Database Manager. For a multimode system, this parameter applies to the degree of parallelism used within a single node
From your description of APPEND, I believe this to be similar to db2's "not logged initially" parameter.
If you're doing lots of writes to a table you may find the "append on" option gives you a significant boost in throughput.
Cheers
Greg