Pat,
don't feel too bad - here's some info to turn that bulb on. Or, maybe make you realize it wasn't off at all?
Box blades have 2 cutting blades. 1 facing forward inside the box and 1 facing backward outside the box. The rear blade on premium boxes can be either bolted solid or allowed to freely swing to the rear. (They are stopped by the support structure from swinging forward). Less premium boxes are either always freely swinging or most commonly always fixed in position. It's cheapest and easiest to have the rear fixed, so that's what most are.
It's not a super big thing, but having the option of swinging or fixed gives more options and can give a bit better performance in various situations.
If you are in the process of smoothing, you will set the box up so the nose is higher than the tail. That will then lift the box up, pivoting it on the rear blade. That puts some down pressure on the rear and can then leave your trail slightly lower. (it's actually pretty good at smoothing this way). But, if you have a freely swinging rear blade, it will not be the pivot point. The effective pivot is closer to the front blade due to the sides sinking in. This keeps the front blade somewhat actively cutting off high spots. No real improvement, (in fact it may not smooth as well in many situations!), but you can somewhat combine final cutting with smoothing to save time.
When you are actively cutting soil, the benefit is greater, but still not staggering. There is a much greater proportion of the box's weight riding on the front blade when the rear blade is swinging. That lets it cut faster and deeper. I did some testing with it free and fixed. On my mostly sandy soils with some sandy/loamy, the box fills in about 1/4 to 1/3 less distance. It also seems to keep cutting better when the box is full to overflowing.
In summary, you can dig a bit faster, maybe even a bit deeper with a swinging rear blade. You can also combine some cutting and smoothing operations and (maybe) get done sooner. On harder soils where the clods don't break up, fixing the rear blade and severely tilting the nose up, puts greater pressure on the clods and helps break them down. So, typically smoothing operations are better with a fixed blade.
It's not a huge deal, it's just an additional thing to diddle with.
Oh, the fear factor on dozing back wards isn't bending the rear blade. That is supported pretty well in most designs. The real fear is hitting a rock/root or just burying the box and stopping the tractor. That will typically bend the lower arms on the 3pt. (I know!) When backing up, it's best to have the box 1" tail high to dead level. A good starting place is 1" high so you don't snag the ground.
jb