Yonatan,
The specs you are looking for should be outlined in the Camera Link 1.1 spec book which is available for purchase at:
http://www.machinevisiononline.org/public/articles/articlesdetails.cfm?id=2028
However, a basic answer to your question is:
FVAL is going to be high for the duration of the frame - and is high at or before 1st LVAL signal and should fall low at or after last LVAL of frame, but not into next LVAL pulse.
DVAL normally will look like an AND function of LVAL and FVAL - this is true when data is being transferred every clock signal.
If you did want to add in delays, you could do it during the line blanking (or when LVAL is low) by keeping LVAL low, however you must ensure that FVAL does not go high while LVAL is high, it must go high only during a line blanking period or at the same time LVAL goes high.
Again, if this is unclear, the Camera Link Spec document should be more specific about this. Good luck with your project!