Yes, a turn of the wrist is all it takes to send the tip whistling into action. Being a smallish-medium sized sword, it's quick, but I already miss the earlier very-lightweight swords, with slim hilt parts, and I intend to back up off of the heavy hilts just a bit. Some of my first swords were a pound or less with the balance a few inches closer to the tip. I've two straight-double-edged swords in this size (a bit longer, 34" or so) in the making that will be more trim and light.
This ninja sword's handguard, pommel and blade are all effective striking implements. One nasty assortment of metal.