Tried running the above command on my HP Sim server with VCRM 7.3 installed and I get:
C:\hp\hpsmh\bin>smhconfig.exe -Z ALL:!ADH:!EXPORT56:!EXPORT40:DES-CBC3-SHA:RC4-M
D5:?RC4-SHA:RC4+RSA:+HIGH:+MEDIUM:-SSLv2:+EXP:!LOW:!eN?ULL:!aNULL
warning: validation failed for value: 'ALL:!ADH:!EXPORT56:!EXPORT40:DES-CBC3-SHA
:RC4-MD5:?RC4-SHA:RC4+RSA:+HIGH:+MEDIUM:-SSLv2:+EXP:!LOW:!eN?ULL:!aNULL'
error: ssl-cipher-suite: invalid value 'ALL:!ADH:!EXPORT56:!EXPORT40:DES-CBC3-SH
A:RC4-MD5:?RC4-SHA:RC4+RSA:+HIGH:+MEDIUM:-SSLv2:+EXP:!LOW:!eN?ULL:!aNULL'