Excellent news I'd say, congratulations!
I agree with the explanations given by the others above. Just to give you another story to compare with, my husband's CEA levels (approx values) since last July: 6600, 3500, 230, 110, 180 (after which change of chemo), and last week 70.
One comment I wanted to make though: if the liver is inoperable but the tumors are smaller than 3 cm, has your dad's doctor mentioned if it would be possible to try RFA (radiofrequency ablation)? It works best on small tumors, smaller than 3 cm. If RFA is not familiar to you please read more here:
http://www.radiologyinfo.org/en/info.cfm?PG=rfa
I have read somewhere that RFA can sometimes also be a possibly curative treatment (as efficient as a liver resection).
All the best and sending positive thoughts to your family, Mousey