Pilot Bushing

Yes sir it is what the factory used and this is just a perdonal preference for me I've always used bushings without a single failure and with out fear of tweeking that edge of that needle bearing. I'm sure the factory had there reasons for the change to bearings but it wasn't because of prior bushing failure , more thsn likely it was assembly line cost but I'm happy with bushings I'll be long gone by the time it wears iut lol
Most likely input drag reduction at cold temps, makes it easier to put in gear & shift during initial cold operation, and as You & Del alluded to.....Oilite bronze machined & finished may actually cost more than a mfr'd needle brg.,....crazy....I'll have to hit McMaster-Carr's site & see where that's at these days.