Looking at some screenshots that I googled, it's just the regular recovery with the lines spaced out a bit more to be finger-friendly.
What we really need for the SGSIII is 4EXT Touch Recovery, but the dev only seems to support HTC devices.
Sorry but what are you talking about exactly? The Recovery in the first post is the CWM Touch Recovery with touch screen compatability. Im sure TWRP will support SGS3 eventually if you want a more icon based Recovery.
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