johnnyboy, on 10 June 2012 - 09:50 PM, said:
The benifits are/should be that the power valve will open in a more controled manner
If you take the average 2 sroke power valved engine and remove the powervalve cover and watch the linkage as you rev it they go from shut to fully open in a few 100rpms so basicly the cable aproach should give a wider / longer spread of power as the valve should only be open enough for arguements sake at 5000 rpm for optmum power at that rpm, same goes for 6000 rpm 7000 rpm ect ect , I think the system should work well if linked to the ignition / cdi but woulnt have a clue if it is lol
KTM ect use different
spring rates to try and achieve the same sort of thing and can shift the power delivery across a fair range, so in therory if the cable set up has any form of adjustability you could make the valve open sooner or later depending on track / riding style
Must add this is only my personal take on the system and will quite happily be shot down in flames if I am off the mark a bit

+1 ~ You are pretty much on track with how they operate.
The primary advantage of an electronically controlled PV is that you are no longer tied to engine RPM to open or close the PV. Throttle position, engine rpm, and even timing can all be factored in to deciding when the PV should open and even how much it should open. Think along the lines of a modern EFI map, their three deminsional not a simple 2D RPM vs. throttle position chart. A properly programmed Electronic PV (ePV ??) is definitely an advancement for two strokes.
When Honda first introduced it on the last generation CR it wasn't that good as basic things like cable stretch and PV open/close timing wasn't really optimized. In the last year or two it was starting to pay dividens. If TM did it right (as I expect they did) then they will have an advantage.