So, obviously this is a dead board since the OP asked the question in 2012. However, the appropriate answer is yes, conditionally all the devices work. For anyone who stumbles across this issue, you have to install a 3rd party driver to support the USB 3.0 to DVI interface.
While Lenovo doesn't supply a driver for the display adapters, the chipset inside it (and as far as I can tell, all other USB 3.0 to DisplayPort devices) is provided by DisplayLink. You can install the generic DisplayLink adapter drivers directly from their website at: http://www.displaylink.com/support/index.php
I installed the v2.2 drivers on my 10.9 MBP and the display immediately popped up on the attached monitor after the required reboot.
There are also installers for 10.4 - 10.5 and 10.6 - 10.9.
Hope this helps anyone in the future as I could find no solid information on any of the boards. I just took a chance that another manufacturer's supplied driver would work, Startech, and it did. Then, when I opened the driver, I discovered it was from DisplayLink. After that, it was a simple matter to determine the best download for others with this issue.
-Tim