Just to clarify, there is a difference between glulams and microlams (LVL's). Glulams are made by face gluing 2x wood members together. Their size can vary based on the width of the 2x member and how many are joined together. There are also various grades from industrial (very rough) to architectural (good enough to be exposed) to premium.
LVL's are like structural plywood (thinner veneers glued together) and are closer to actual dimensional lumber in size.
They cut easy enough, but I don't think i would take a hand plane to them to level or smooth the surface.
Attached are a couple of images to show the difference.
Tom