The Progressive "auto adjust" feature is an accurate assessment of how they function, but highly misleading marketing hype nonetheless. All hydraulic shocks change dampening rate with a delta in velocity. Move the shock rod either in or out and the resistance will increase as you move it faster. Therefore, while Progressives have "auto adjust," so do all other brands. Any shock is manufactured with a capacity to dampen matched to its intended usage and that is to control the rate at which a compressed spring of a given rate returns to its static length. Thus a shock ideal for a 150lb/in rate spring is vastly different from one intended to control a 750lb/in rate spring. Additional to the spring rate, the amount of sprung and un-sprung weight in the system has an impact on how the shock is set-up.
Shocks with adjustable spring load via a cam or threaded tube but no other adjuster have a dampening profile that is not user adjustable. The only thing being adjusted is the ride height, more commonly known as sag. Shocks with a rebound adjuster generally allow the user to change low speed dampening in the extension or rebound direction only and that via changing the area of a bleed orifice. Higher end shocks may have both bleed area and blow-off spring preload changed via the adjuster. Shocks with both rebound and compression adjustment allow the user to change both compression and rebound dampening rates and usually only what is know as low speed dampening, meaning shock rod velocities under 3" second. Automatic high speed controls extend into the 24" /second velocity and beyond. Run over an abrupt 1-1/2" ledge, 2 x 4, or pot hole lip at speed and the shock velocity often exceeds 24" /second speeds. There can be very different dampening rate/speed curves or profiles set-up in a shock depending on the masses of the static and moving system components. Thus an automotive shock is not a good choice for use on a motorcycle even though the diameter, length and eyelets may be the same.
The front forks on conventional forks are really crude devices that use the bottoming cone as a means of hydraulically increases compression dampening only in the travel length equal to the cone's length. Cartridge style fork inserts function similar to the common rear shock. Inverted forks can range from rude and crude to very sophisticated dampening devices. High end rear shocks with remote reservoirs, high and low speed adjusters for both compression and rebound, and hydraulic preload adjustment are also very sophisticated devices which is apparent in their price. These are intended for racing and used by knowledgeable techs or engineers to dial in a bike to a particular track, the weather on that day, and rider preference. The average cycle rider gets lost in the range of variability available trying to adjust these and should consider their purchase a waste of money. However, vanity knows no bounds, so equipment is often purchased more for bragging rights than their actual utility.