Yes, correct.actually all the bof toyota's are the same now
tundra, taco, 4runner, sequoia
6x139.7 (5.5), 95.1 hub, M14x1.5 (not sure if that is correct) and around 58-62 offset and 131 nm torque
The only "mechanism" is the switch by the shifter. There's nothing you need to do externally like you do with locking hubs.The knob you turned is the manual locking hub that now the 4R doesn't have. I'm curious what's the mechanism that 4R uses to unlock the front hubs?
As to the recommendation of engaging in 4H at least 10 miles per month, when I had an old Bronco with manual hubs, I just locked the manual front hubs and drove in 2H normally on dry pavement and the whole front differential was rotated and lubricated.