It depends if the software would check to insure the interface mask was the same as the dhcp pool. I would suspect you could configure something like this even though it is not real useful. The key part to remember is that the DHCP server does not have to also be the default gateway. Since most home network work this way people make the assumption DHCP server would be the gateway but you could easily have a different gateway so as long as the DHCP server sent out valid subnet masks and gateways to the end clients it would all work. When you use real DHCP servers the server seldom is even on the same lan, they can be located in different cities and are dependent on what is called a helper address. Because of this I suspect the software will let you configure things that are not really valid.