Exactly. With the BB7s you wind in the fixed pad a bit, clamp it with the moving pad, tighten the bolts and then wind the fixed pad out again to get the necessary clearance. On the hydraulics both pads can move so when you clamp the rotor with the pads the pads could be anywhere relative to the caliper body and will move about if you put any pressure on the caliper body. When you release the pads they may or may not have enough distance to retract to give clearance. Hope cover it in a video on their website -
http://blip.tv/play/gpkd4JwkAA. The first screen says "You can't centralise a caliper correctly by loosening the bolts, pumping the lever and retightening the bolts"
But then perhaps Hope, like me, don't know what they are talking about. But thank you anyway for now editing that assertion out of your post above.