Maybe I tested it way too fast the 1st time, but I ended up rebooting the lab gw and now it shows up, though Im sure it was showing up before too, I just did not wait till policy was done.
Andy
[Expert@R82:0]# fw ctl arp
dynamic-005-005-005-005.5.5.pool.telefonica.de (5.5.5.5) at 50-01-00-0c-00-00 interface 172.16.10.254
[Expert@R82:0]#
MAKE SURE that option in global properties is enabled for merge manual arp config.
https://support.checkpoint.com/results/sk/sk30197
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Merge manual proxy ARP configuration merges the Automatic and Manual ARP configurations. Manual proxy ARP configuration is required for manual Static NAT rules. If a manual ARP configuration is defined in the $FWDIR/conf/local.arp file, and "Automatic ARP configuration" is enabled, both definitions are maintained. If there is a conflict between the definitions (the same NATed IP address appears in both), then the manual configuration is used.
[Expert@R82:0]# more /opt/CPsuite-R82/fw1/conf/local.arp
# This file was AUTOMATICALLY GENERATED
# DO NOT EDIT
# Please use Gaia Portal or clish command to configure ARP proxy
5.5.5.5 50:01:00:0c:00:00 172.16.10.254
[Expert@R82:0]#