Its more a manner of style I presume, but, here's how I prefer to configure the device

Code:
@  device  HS_OSC, MCLR_OFF, PWRT_ON, WDT_OFF 
@  device  PROTECT_ON,BOD_ON, CPD_ON
To understand these defines, look at the M16F81x.INC file. They are all listed there.
Excerpted from the file
Code:
					; *** DEVICE Fuses Definitions
EXTRC_OSC_CLKOUT equ    3FEC0013h       ; XX XXXX XXX1 XX11
EXTRC_OSC_NOCLKOUT equ  3FEC0012h       ; XX XXXX XXX1 XX10
EXTRC_OSC       equ     3FEC0012h       ; XX XXXX XXX1 XX10
INTRC_OSC_CLKOUT equ    3FEC0011h       ; XX XXXX XXX1 XX01
INTRC_OSC_NOCLKOUT equ  3FEC0010h       ; XX XXXX XXX1 XX00
INTRC_OSC       equ     3FEC0010h       ; XX XXXX XXX1 XX00
EXTCLK_OSC      equ     3FEC0003h       ; XX XXXX XXX0 XX11
EC_OSC          equ     3FEC0003h       ; XX XXXX XXX0 XX11
HS_OSC          equ     3FEC0002h       ; XX XXXX XXX0 XX10
XT_OSC          equ     3FEC0001h       ; XX XXXX XXX0 XX01
LP_OSC          equ     3FEC0000h       ; XX XXXX XXX0 XX00
WDT_ON          equ     3FFB0004h       ; XX XXXX XXXX X1XX
WDT_OFF         equ     3FFB0000h       ; XX XXXX XXXX X0XX
PWRT_ON         equ     3FF70000h       ; XX XXXX XXXX 0XXX
PWRT_OFF        equ     3FF70008h       ; XX XXXX XXXX 1XXX
MCLR_ON         equ     3FDF0020h       ; XX XXXX XX1X XXXX
MCLR_OFF        equ     3FDF0000h       ; XX XXXX XX0X XXXX
BOD_ON          equ     3FBF0040h       ; XX XXXX X1XX XXXX
BOD_OFF         equ     3FBF0000h       ; XX XXXX X0XX XXXX
LVP_ON          equ     3F7F0080h       ; XX XXXX 1XXX XXXX
LVP_OFF         equ     3F7F0000h       ; XX XXXX 0XXX XXXX
CPD_ON          equ     3EFF0000h       ; XX XXX0 XXXX XXXX
CPD_OFF         equ     3EFF0100h       ; XX XXX1 XXXX XXXX
WRT_1FOURTH     equ     39FF0000h       ; XX X00X XXXX XXXX
WRT_HALF        equ     39FF0200h       ; XX X01X XXXX XXXX
WRT_3FOURTHS    equ     39FF0400h       ; XX X10X XXXX XXXX
WRT_OFF         equ     39FF0600h       ; XX X11X XXXX XXXX
DEBUG_ON        equ     37FF0000h       ; XX 0XXX XXXX XXXX
DEBUG_OFF       equ     37FF0800h       ; XX 1XXX XXXX XXXX
CCPMX_ON        equ     2FFF0000h       ; X0 XXXX XXXX XXXX
CCPMX_OFF       equ     2FFF1000h       ; X1 XXXX XXXX XXXX
PROTECT_ON      equ     1FFF0000h       ; 0X XXXX XXXX XXXX
PROTECT_OFF     equ     1FFF2000h       ; 1X XXXX XXXX XXXX
I think this makes it independent of whether you use MPASM or PM assembler.