In a nutshell yes, it is a poor man's cruise control...but it is a friction device that is supposed to be set to "just" hold the speed steady, but you easily overide with a modest "twist of the wrist" and is an old school device. Harley's are kinda like tractors, but in a good way, of course! Newer technology w/ EFI and microprocessor technology has allowed newer bikes use of electronic cruise control...