Adjustable in three positions, but with one caveat. Horizontal rotation is accomplished by sliding through curved slots on a circular disk. The device can be tilted using the upper screws. It does offer left or right yaw, but with one caveat: you have to predetermine the angle, as it's not easy to adjust once you've mounted the projector to the brackets. The two screws can only be adjusted under the round disc. The large screw that sets it into the top rail is crucial, and I found that I used this screw to control rotation, roll and yaw. When you are happy with the overall position, tighten this screw. A little buggy. It works, but with moderately harsh adjustment control maneuvers.
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