I have both an IQ180 and Credo 50 and the latching system is very different with the Credo being the most secure. My IQ back has a locking slider and a push button for release. The slider is operated independently from the release button. In one position it prevents the push button from working and the other position allows operation. It can be left in either position leaving the back vulnerable for a potential accidental release. The Credo has a dual action release which requires the spring loaded slider to be pushed forward while pushing the locking button. For me this is a much more secure system.
Victor
Better description, than I gave for the IQ1. To me it's simple. IQ1, can be operated with one hand. Simply side the lock, push the button. IQ2 is a two handed operation, push the slider, hold it down with one hand, and push the lock with the 2nd hand.
The difference is not that much, but the mechanisms are totally different.
Based on my experience with the IQ150, unless Phase switched in the last 3 weeks, they are still using the old "standard" IQ1 mechanism on the 150. This also makes sense since the 150 is using the older case, without the plastic top that all IQ1's use.
Paul