I finally got a hold of So. Cal. Edison about my smart meter.
Good news, it is compatible. SCE installed the newest smart meter at my house which has the extra chip inside to handle solar generation. Yahoo! SCE explained the various smart meter screens while I was outside looking at it. There is one screen that shows it is working, another screen to show kilowatt-hours being billed, kilowatts generated by my solar panels and a tiny little arrow pointing left, right or middle for which way the electricity is coming from. Very cool!