Doesn't sound very high tech, an average newbie should be able to figure this out. The driver will have to check uploaded textures though to see if it can use this technique at all, if you use color mipmaps or do other mipmap tricks it will fail.
"A lower-level mip-map generator (36) generates portions of the mip-map which is next below, in the hierarchical series, the mip-map of which portions are held in the cache"