No, it still rotates in the same direction, just on the coast side of the gears. We use that method to get a high pinion 3rd member for us Toyota drivers. But, we just get reverse cut gears and walla, correct drive member.

That's all the later model Forerunner was, but with an electric locker in the front from the factory. It was IFS with a 3rd member and reverse cut gears. Highly prized amongst those in the know.