Spring loaded, adjustable? What's the story?
Manual adjustment. The obvious problem of course is the fact that the older bikes had a nice little access cover in the primary cover you could remove to make the simple adjustment without draining the oil or removing the entire outer primary. This one will require removing the entire outer primary, due to the fact there is no little access cover anymore. Even if it did have the access cover, the adjustment screw wouldn't be accessible anyway.
It's not terribly surprising that Harley has come out with a part labeled Screamin' Eagle to fix their own mistake. They did the exact same thing back when the original 2007 compensator design turned out to be a total POS. They came out with a SE version they would sell to you, but it took them several more years before they finally started installing it in production. Harley has always preferred to find ways to profit from their mistakes versus admit to them and take care of their customers. Fine bunch of folks.
Btw, there are alternatives. If you prefer an automatic adjuster Hayden and SOHB offer either a spring loaded tensioner or a hydraulic tensioner (both have been commented on many times on the site in the past). If you prefer a manual adjustment, Baker also offers one. It's not cheap, just like the rest of Baker's stuff, but they sell quality parts. As we have found over several years, Harley might call something Screamin' Eagle and sell it for a jacked up price but that doesn't mean it's actually any good. Case in point, the SE version of the compensator, which still sucks.
Jerry