I tested this feature on the bench by tilting the heli over as if it was banked in a turn and turning on self level and letting go of the cyclic. The swash tilted to level the heli!
There have been reports that vibrations will make the swash jump when switching into self level. To test this, I took the main and tail blades off and spun the motor up to full speed, tilted the heli on its side, them switched in and out of self level. The swash tilted to right the heli and didn't jump around.
Next time I go fly, I'll test self level in the air by banking the heli and centering the cyclic. If self leveling is working the heli will level itself. Without self level it would continue at the same bank angle.