Lou, its just a pump on the rear shock which is controlled by a button near the blinker cluster. It has different settings, sport, comfort, two up etc... On my R1200R i have't used it much, i just keep it on the comfort setting which makes the rear shock 'spongey' ive tried the 'sport' setting but its to bloody hard & you can feel every little bump in the road.
But yeah, its the way of the future Lou, everything will be controlled by bloody senors & whiz bang electronic stuff. Not many 'basic' bikes left on the showroom floor these days.