Failed to call service ozw/set_config_parameter.
New value is not a valid option
([{'Value': 0, 'Label': 'Disabled'}, {'Value': 256, 'Label': 'Basic Set'}, {'Value': 16, 'Label': 'Sensor Binary Report'}, {'Value': 272, 'Label': 'Basic Set and Sensor Binary Report'}])
Not to sure how to format the value so it will take it.
Setting values from the UI is not implemented yet. It even says so in the help text.
Note: This panel is currently read-only. The ability to change values will come in a later update.
The error message is telling you that 17 is not a valid value, and it is giving you a list of the valid choices, albeit in a format that is understood by ozwdaemon. You probably want 16 to enable Sensor Binary reports.
You can also use the ozw-admin tool to set (most) parameters.