Sorta correct ...
The switch has a 12v actuated relay ...Which directs the sonar data thru leg1 to xducer1 ... Or thru leg2 to xducer2 ...
The old TS2 switch had the relay actuated with 12v power in both positions = dead battery ...
The new TS3 switch has the relay actuated with 12v power in only 1 position (the second position is "line thru" which allows the sonar data to pass thru that leg with no 12v power needed to actuate the relay) ...
You can actually connect the "line thru" leg of the TS3 (with not even connecting the 12v power) and that leg of sonar data will still work ...
Rickie