Yep. Fiddly to set up at first, but ideal for bikes that don't have barrel adjusters and can't have them fitted. Here's looking at you, Cervelo RS Team.
all things considered, a pretty good design, cable ferrule and adjuster all in one neat place. all it takes is to read the manual, which is beyond the reach of most of us
oh yeah i forgot, the tiny allen screw is the barrel adjuster