Right, it's similar to the bass-extension / max-output switch on the Hsu Research VTF-3 MK2. (It's no secret who helped design the Outlaw subs.)

Speaking of Hsu: his room was one of my favourites at the show. He was demoing new speakers (looked like Klipsch, right down to the square horn). The imaging was stunning; excellent dynamics too. Best part: only $125 each. He isn't sure if he is going to do a dedicated centre speaker or not (I encouraged him not to).

Between the Outlaw and Hsu demos, it was refreshing seeing set-ups with three identical speakers up front, all placed at exactly the same height. Wish more people were doing that.
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Sanjay