Quiltgranny

Yes, according to April and others regarding this presser foot:

http://www.april1930s.com/html/quart..._4__foot1.html

Look at the 2nd picture specifically and read her description underneath it. Here's what she says:

"There is the 'scant' 1/4 inch as you see in the photograph above... and then there is the exact 1/4 inch which the black metal guide helps to keep your seams perfectly in line and consistent throughout your entire project. You won't have to wonder anymore about whether your seams are accurate... and for me - relieves a bit of neck and eye strain because I have the assurance of stitching straight and perfect."

I just spoke with April at April's 1930's, and she assured me that you can achieve a scant 1/4" seam as long as you keep your fabric lined up with the metal edge of the right toe on this foot. The black guide is for a true 1/4" seam.

As we all know, there are always variables, such as the thread we are using, our fabric and even how we press our seams. No matter which method you choose to achieve your scant 1/4" seam, you should always measure it to verify that's what you're getting.

Hope this helps,