It did, and then I swapped it out for a push/pull and 3-way. Honestly, I thought having three different in/out of phase coil taps wasn't really all that useful, and the split coil I use the most is the neck alone - an option not available with the stock configuration (although if you tweaked the knob wires I'm sure you could get it). I suppose someone trying to fake strat 2/4 positions might get more mileage, but I'm not a big quack guy and one middle position with singles is more than enough for me.
I think PRS got a lot of things right with the Cu24. Honestly though, I think the rotary is just really a bad idea, from a speed/convenience perspective.