I've never really ran the F, only moved it around on the lot a handfull of times. I started out on my G but I can tell you this, I noticed that the controls are a lot slower so i would imagine that no stabbing will be needed. You can wind the motor up real good and hit the leavers and it moves real slow and real smooth. I would imagine its a dream for fine grading a road! My brother started out on it and he would always say how great it was for fine grading for that reason, and the fact that you could always tell how much fall you put in the road by the position of those two arms that move the blade up and down as long as you had the pins in the same slot on each side.
But to answer your question to the best of my knowledge Atco, I would say that the 12F's didn't have any clutches. That they have a hydraulic piston that the lever moves that lets hyd oil flow through each port to move turn the yoke that turns the driveshaft to each gear driven motor. There are only 2 cylinders on the machine other than the steering and tilt. Thats to move the blade in and out, and the ripper.
Hope this helps answer any questions, I can get you some more detailed pics if you wish.