Yep, that's the stuff :D
For those who haven't played one of these: when you first see them close up you think "that's interesting", and because of the visible angles (which look kind of sharper than you're expecting!), you almost expect them to be noticable when you play, but they're not, your hand just glides over them.
I've just been trying to figure out how it works. My tele, with these frets on, seems to have the playable surface of the fret nearer to the edge of the neck than any of my other guitars (which is a very good thing in my book - I've always tended to "fall off" of necks when I get too excited :lol:). But these fret ends actually seem less "noticable" than those on the other guitars when I'm playing... I'm guessing that the little flat surface either side of the triangle helps to "launch" your hand over each fret as you move up or down the neck, where a rounded, or bevelled, end doesn't.