I've owned a Spoiler for quite a while, and admire the range I can get from two knobs and two switches.
Of course you have a volume and a tone control. The rotary switch is a pickup selector. The four 'clicks' are
1. Mute/standby
2. Neck pickup only
3. Both pickups
4. Bridge pickup
This is correct IF no one has switched the pickup leads. If yours is backwards to this, remove the back cover, and you'll see the plug-in pickup leads on the circuit borad next to the the two blue boxes. Just unplug them and reverse where they're plugged in and you're done.
The switch is Alembic's 'one-way' Q-switch. With the switch up, your tone knob functions normally. With it down, you may have experienced a 'wah' kind of effect as you turn it from closed to wide open. In this position it's a high pass filter: All the way down, there's virtually no highs and the tone is like an organ pedal. As you slowly turn it open, it passes more and more highs into the output, more than the regular tone control as there's a bump in the output at the pass point. This offers lots of possibilities ! Plus this is one of the very few cases I can think of where you can have active pickups with a conventional tone control, rather than boost/cut.
J o e y