Originally Posted by
UnfilteredDregs
Essentially it would seem? ...but they're described as a ratchet in some blurbs, in the sense that you can release the handle, rotate it and position it as you please when finished tightening. What's interesting is they also have a thru-bolt QR as well, a 10mm shaft versus 5mm. The idea being they're trying to approximate some of the strength gained via a true thru axle system by going with an oversized QR axle that be clamped down to a higher degree. Hub compatibility comes into play with the Thru-Bolt.
I have the RWS 10mm on my mountain bike. If you pull the lever out (along the axle axis), it will freely rotate, then you push it back in to loosen/tighten. It's actually much nicer than a standard QR in practice. You tighten it down, then re-orient the handle as desired and lock it back in. No more messing with getting the axle threaded just right to achieve the correct QR tension and orientation.