Yes, very similar to Cair panels, though this can be adjusted by a saddle fitter. I took it to the local saddle fitter and he said everything is in working order, and really liked the leather on it. It's a well broken in saddle- a feeling that really can't be beat. It's actually the nicest piece of tack I own, and it hurts to sell it but no point in keeping a saddle that puts my legs in a weird position. Being 4'11 sucks sometimes ;)
Also, I only have it listed for $700 on here, craigslist and local tack shops it's listed at $900. Trying to hep a fellow HF member.