At this point that is a K valve. With the plug it works just as open elbow.
The reserve units are the same between this twin tank manifold (Part Number: SVB4000KD) and the single tank valve (Part number: SVB4000J). See list below.
I will send you the service manual (in PDF format) for all Sherwood valves when I have a chance.
Here is the list from their service manual:
PARTS LIST FOR ALL RESERVE ASSEMBLIES
Item Number --- Part Number--- Description
1---- 3839-5---- Pin
2---- 4000-90M--- Cam and block assembly
3---- 1322-14---- Stem
4* -----G010A ----O-ring
5* -----3506-7 ----Teflon ring
6* ----G113A ----O-ring
7 ----1-1322-16 -----Bonnet nut
8 ----4000-3 ----Lever (ribbed style)
9 -----1389-5 -----Lever (smooth style)
10 -----3506-22 -----Spring
11 ----1-3506-8 -----Nut
I dont believe that Sherwood ever made a chrome reserve lever for their valves. The Dacor valves (and maybe a few others) with the chrome reserve lever were made by Sherwood, but those predate when Sherwood started selling Scuba gear directly.
Even the Lever (smooth style), Part Number: 1389-5, is black plastic.
I have several of those manifolds and they are great. I did two great dives yesterday with two sets of small twin tanks (double 45). It was great, I was testing a new prototype regulator that I designed and built and I had a totally independent regular. I did a dive to 98 ft and everything worked as planned.
I think that I even have one of those manifolds that has a reserve, that I am not using, but I am not ready just yet to give up the reserve. If I find a second one I will be glad to trade you the reserve for the plug. I dont dive reserve valves anymore, but I like to keep a couple of tanks with reserve valves just in case I decide to use one.