I will remind you that the Touring and Elite have ratcheting armrests on both drivers and passengers sides. The EX/EX-L has a ratcheting armrest on the drivers side only and the LX has only flip up/down armrests on both sides. There are 3 different colors of leather as well as cloth and it has certainly taken some time to tweak this aftermarket armrest.
I will spare you the specifics on the ideas that Jim and I bounced around but as a final product the armrest will be able to ratchet. Each ratcheting armrest will be able to be installed in under one minute. Pull out the old one and pop in the new one. The non-ratcheting armrests will take about 3-5 minutes to install. Really a piece of cake.
The thing that has been holding this project back is the funding as it costs quite a bit to fabricate the "sprocket" to allow the armrest to ratchet. Piloteers have asked to have it ratchet and your request has been answered. I'm going to attach a link to the pre-order form. I say pre-order because it will take about 6 weeks to get your armrest because each one has to be custom made. Rest assured you will get your armrest.