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Highlight and retrieve is not possible in SmartView. For the non essbase comments you can check "Preserve formulas and Comments in ad-hoc operations" in SmartView options.
What version of SmartView are you using? It should be at lease 184.108.40.206.102. There is a video on new features that were introduced in this version -
The video clearly demonstrates highlighting and retrieving.
Prashanth, I think I definitely missed the part where it shows highlight and retrieving (I could see the multi grid, however that is not what highlight and retrieve is)
Consider this scenario
I've an excel sheet which goes from A1:D13 (that is my used range)
Are you saying that I can highlight a1:d6 and perform a retrieve and Smart View will only pull a1:d6? (which is not the case in 220.127.116.11.310, it refreshes full sheet)