Yes, the baseball bat unscrews, you insert the 8/32 screw and keep screwing.
It forces the pin (which is attached to the spring) down through the bottom so you can grab it easily.
You can grab the pin if you push down the baseball bat, but that spring is really strong. This makes it easy and you can take your time grabbing it at the bottom with a proper tool.
Do note the only thing this does is relax the cables. You still have to Dremel out bigger slots in the control.
One of the posts on the web makes it appear the cables just come out. No way.
It just makes it easier to get at the slots that hold each cable.
Jim -- Yes I colored two of them prior to this. The third is a drop out, of course.