That looks to be it! Good find!
Trying to move anything Pal Zileri on eBay for even a fraction of what it's worth is a frustrating experience indeed. A bunch of rubes on that site, I tells ya.
I've been meaning to post every time someone writes something like that, so don't take it personally (and don't let it detract from your solid haul): Guys, working cuffs aren't all that uncommon on casual coats. I've found them on a bunch of cheap stuff - even a (pre-SF) BR coat of mine has them.
+1 I've seen cheap J mall brand jackets with crappily cut functional sleeves. Now if the button holes were hand sewn on and properly cut, it's a sign for quality.