Trick Magic Item and 3 action spells?

[Wizard of Ahhhs]

The success outcome for the Trick Magic Item action says "For the rest of the current turn, you can spend actions to activate the item as if you could normally use it."

I take that to mean that this action is not compatible with the 3 action versions of heal and magic missile but could still be used to cast the 1 or 2 action versions of those spells (for a wand of heal for example). Is that correct?

[Taja the Barbarian]

Correct: One or Two Action versions only with Trick Magic Item.
If you have to draw the wand as well, then you are restricted to the one action version that round...

[Perpdepog]

Unless there is some funky fresh feat later on that lets you trick as a free action, or Quickens you to be able to.