Yes, it is an ABS electric brake unit. We have used several of them so far and really like them for cars that aren't going to see a lot of track time. They are a hair on the touchy side, but no where near as sensitive as some of the hydraulic units we have used in the past. The pedal feel is great for a street car, I would say OK for a track car. I still prefer a manual brake set up for track and auto x use for better modulation and pedal feel.
I would relate the ABS unit to a new foreign car. Have an Audi A4 and it is a real similar feel.
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