Voyager knob settings, presets, and MIDI?

I wonder if someone can clarify for me the connection between Voyager knob settings, presets, and MIDI input. I’m idly dreaming of buying a Voyager one of these days and would like to know if it behaves the way I imagine it does.

Here’s an example: Suppose I want to change the filter cutoff frequency. On most virtual-analog synths, I turn a knob, which effectively generates a MIDI signal that sets the frequency. This means that the frequency has to be quantized to fit into the 128-step MIDI framework. If you change the cutoff frequencly slowly on such a synth, and the resonance is high, you can hear the resonance frequency move a step at a time.

My understanding is that when you turn the Voyager’s filter-frequency knob, this knob is actually continuous–or at least it is quantized much more finely than the MIDI 128 steps. Moreover, if you save the current knob position as a preset, that position is also saved with higher resolution than the MIDI 128 steps. It is only if you use a MIDI signal to change the value of the filter cutoff that MIDI quantization is an issue.

Am I correct here? Is there anything else I’m missing?

Look in the manual (Available on the web site) and check out MIDI CC implementation. You will notice on many there is a MSB and LSB.
My understanding is that for each MSB step there is 127 LSB steps. That’s 16,129 steps of resolution. Pretty good I would suppose. (I don’t hear stepping or zippering using the knobs on mine. I do get it with older MIDI controllers that don’t use both LSB MSB. I don’t get it with the EP2 pedal as it is analog.)

If I’m wrong, someone here will chime in and correct me!