MICS 4.0 with T1

Have a customer looking to get outbound caller id and inbound caller id. We are going to get PRI enabler key codes for the system and installing them here in a couple of weeks.

My question:

With 4.0 can I enable all sets to display the caller information with PRI enabled on the system?

Also, outbound caller ID is a carrier option, correct?

Thanks in advance!