How do I set up different term subscriptions?

[vdubbia]

I am interested in setting up monthly, quarterly, and annual subscriptions.  Does SMF 2.0's subscription package allow this level of functionality?

What is the default?

[karlbenson]

SMF has TWO different types.
(and you can have as many different subscriptions as you like with different options from either)

Subscription for fixed price and period
You can set the Length of Subscription: by Days, Weeks, Months, Years

OR

Subscription price varies on duration ordered
You can set a Flexible Price PER day/week/month/year