From the RC Engineering catalog (1974) here is the description:
A fully adjustable, lightweight arm designed for road racers, cafe racers or street class drag bikes. Made of 4130 Chrome-Moly tubing, this unit is 30% lighter than stock and twice as strong. It features an exclusive R.C. 3-way axel location that allows for standard wheelbase, 1 1/2 inch extension, or 3-inch extension mounting. 3-position shock mounting is also provided. Due to its light weight and added rigidity, this unit is ideally suited for use on pro-stock dragsters and by weight conscious cafe racers. retail was $129.95
Mark McGrew
M3 Racing USA