no, it only works if product has NO variants.
Simply add this code:
Code:
{if $product.avail gt 10}Stock Item - this item usually ships within 24 hours{else}Special Order Item - this item is supplied 'to order' and carries a lead time of 7 - 10 days, for more information contact us{/if}
This is a simplified version of what I have in place[/code]