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I cant really picture something better than the axis. The lockbar spins a little bit on each lockup so it doesnt wear in one spot, and automatically slides up the tang. I cant imagine how many years it would take to have 100% lockup.
I can't seem to figure the action
Looks like a diagonal axis lock to me. The piece that hits the tang moves along that oval patch, probably pushed with a spring.
No, it's a version of the shift-lock, as BUCK uses on the Paradigm - a lever twists stop-pin/lock-bar to lock/unlock the blade from open or closed position.
Soooo.... Not like the arc lock? I'm still having trouble. Usually I'm pretty mechanically minded.