Steve:
In a way, yes - but it is different. There's a 1-touch button for a "recliner" type of position - perfect for video viewing, in my opinion. However, it isn't exactly the same as the old seat in how it moves - else rows 5 and 10 would still be hampered. You can manually adjust the pitch positions, but the leg portion doesn't seem to come up as high as it used to - which may be what you're looking for.
I never liked the old seat much, myself. But, hey - infinitely better than coach, right?