Fx Crown continuum/MK-2

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 I can take some additional photos for you later today. It’s really not any more than what you see there. The shroud is just a thin wall aluminum tube with a threaded nipple end cap. 

The liner has 7 o-rings on the breech end and a brass nut that compresses them to hold the liner in.
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The muzzle end is “floating”. The spacers/bushing have a fairly tight fit as they slide onto the liner and have an o-ring on there OD that sits just slightly proud and compresses nicely against the walls of the shroud as you slide over the liner. You can space them however you like on the liner.

I placed the shroud next to the liner in that pic so you can see when the shroud is threaded on you can see the distance from the end of the liner to end of the shroud. There is nothing else tying them together. Hopefully that helps clarify things a little.
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Looks like the new system is an improvement, and may help POI shifts and such. I guess I'm just old fashioned, but I didn't find the previous liner system very satisfactory, and I'm not sure this generation will make me a believer. One thing's for sure, FX will have a "next generation" out shortly after this one hits the dealers! Seems to me, as easy as it is to switch traditional, solid barrels, these liner systems may be great for certain applications, but maybe not for someone who prefers to get the rifle set up and then not touch it. It's kind of like a 4 or 5 piece fly rod made for back packing, it has its utility, and its issues.
 
The accuracy on my short and long barrels is extreme. Short is set yp for pellets, long for slugs. My zeros on both are extremely close to eachother the way I've got it. Of course there is small poi shift when removing and reinstalling barrel. But that's to be expected. I always use the same tightening order/method, so shift is a lot less than what some people see