Well, yes and no. The couplings aren't much more advanced than a link-and-pin, but much safer. Instead of having to hold the link in place while the cars come together, one waits for the buffers to touch, then reaches in, lifts the link, and drops it over the hook. No need to go between moving cars, and no danger of losing a hand, or worse. For short trains and light cars they're more economical than knuckle couplers, but they do drastically limit train weights.
Pushing a car is even easier, as there's no need to uncouple it when it reaches its destination. The buffers take the pushing, and the couplers do nothing, unlike our knuckles, which will couple even when they're not needed.
I seem to remember reading somewhere that the European couplers were limited to about 2,000 trailing tonnes, but wouldn't swear to that, or if that was on level track, or a grade. Whatever their limit, the British 3-link couplers are probably about the same.