No, I thought it was a standard wiring configuration. My pump has 2 positive leads. One lead comes from the panel and I can turn on the pump with the panel switch any time the panel is energized. The other lead comes from the float switch. The float switch is energized directly from the battery. Any time the float switch is activated, the pump runs. The panel doesn't need to be on. My Rule pump includes the 2 positive leads just for this purpose. I'm not sure why it would be done any other way.
There is just one common negative. I don't know why there is any need for a 3-position switch. My panel has just a standard breaker-switch for the bilge. The warning light is a nice touch. I've turned my bilge on more than a few times and forgot that it was on - but never any harm done.