the pic you have is of a newer kit I think it is a Hypermax RS it's for newer applications such as rsx's and some of the newer SI's but, yes you are correct that model you have is considered a coilover. Mine looks similer but is not a coilover set up. It actually has a allen key tightner at the top that compreses and tenses whatever spring application you dicide to go with. I got mine about 3 years ago and they are currently disscontinued for my vehicle, but other companies still make the same application for my vehicle.