Simply put, Yes! It can be setup in different formats single stage, multi stage, slider, or normal hand clutch.
Single stage- the fingers flip out and apply pressure to keep plates from slipping
this can be adjusted for how fast and how much pressure by changing the weight (nut, bolt, washers) on each finger.
Multi stage- same as above but different amounts of pressure at different points, low rpm/high rpm
slider- centrifugal clutch basically, adjust fingers, stack height, and static pressure to get clutch to engage at a certain rpm and "slide" to a desired rpm where it eventually "locks up"
The disadvantage to a slider is that it can only be ran full blast, up and down rpm and normal street riding will tear it up in a hurry.