AIX uses one IP stack for IPv4, all interfaces, and in the newer versions (starting with AIX 4.3.0) an additional stack for IPv6.
Focusing on IPv4 and AIX 4.1: each ethernet adapter runs at one speed (10 or 100) and either half or full duplex, depending on driver support.
The configuration of the adapter can be read by: lsattr -El entX
The actual status of an active adapter can be read by: entstat -d entX (output similiar to netstat -m, but not exactly the same)
Each ether adapter supports two IP protocols: what I call "Xerox Park" - iirc the original Ethernet LAN (layer 2) description; and IEEE 802.3 (also know as dot 3, token ring, e.g. is dot 5, or 802.5, etc., etc..). In AIX IP interface terms these interfaces are, respectively: { adapter, Xerox, dot 3 } :: { entX, enX, etX }
IP interfaces can be configured via ODM settings via:
chdev -l enX -a netaddr=10.168.1.1 -a netmask=255.255.255.0 -a state=up
or directly via ifconfig
ifconfig enX 10.168.1.1 netmask=255.255.255.0 up
To see if an interface is configured via ODM, or what it should ODM think it should be:
lsattr -El enX
To bring an interface down/up without destroying any configuration information:
rmdev -l enX or ifconfig enX detach ## may also clear some routing information
Online: mkdev -l enX
To restore default routing, as far as interfaces permit:
mkdev -l inet0
These commands are what smit is executing for you. Review $HOME/smit.script to see what commands smit has performed. $HOME/smit.log has the output from these commands.