yeah just like your 300ex, 1st is all the way down, N is between first and second, then it just keeps going up, except your ex is a 5 speed and banshee's are 6. also banshee's do not have reverse. I love my banshee to death, wouldn't trade it for any other wheeler. Like already said maintainence is key, banshees do requiure a lot of maintainence, all wheelers do, but it catches up to you quick with the banshee if you don't do it. Nothing difficult at all, its just a matter of doing it, clean the air filter, adjust the chain, be sure the jetting is correct for the temperature, and elevation if you buy it from a long ways away. Let us know what you do, we're here to help.
edit: yes it has a clutch, just like your EX