Hey James, thanks for the response. The SLDR S wasn't adjustable, that is correct, however the original SLDR loft was adjustable, so you were technically right! I've watched a few videos by Tom Wishon and read through some articles over the whole adjustable loft ordeal and understand the thought behind the "dynamic loft" idea, but my confusion is with the adapter in relation to the ferrule and not knowing what is now "standard" to apply the information from Tom Wishon..
My "neutral" setting on the adapter aligns with the "lower" setting on the ferrule. Should I essentially disregard what the ferrule setting says, and set my loft based on the adapter sleeve settings only since that will ultimately decide the lie and face angle for dynamic loft?