I'm pretty sure you are correct about the basis being Mader/Olbrechts work. If you know the Vlamax and VO2max a MLSS can be simulated. That basically yields the curve that STAPS (also founded by Sebastian Weber) put in their logo.
However the "novelty" is, that there is power-only testing protocol for cycling that eliminates the need for lactate/o2/Co2 measurements and claims to come within some odd 2.5% accuracy for Vo2max/Vlamx/MLSS/substrate utilization.
As far as I understand it, it's partly similar to W'/AWC/FRC:
Measure total workload
subtract anaerobic work
add a CP-test, just in case ;-)
yield aerobic work
make a model ;-)
I can imagine it can be more accurate than, say W'/FRC, because for one the testing protocol is more precise: i.e. the sprint test is supposed to be as anaerobic as possible (performed from complete rest >90sec). Sebastian said in a podcast when you coast at your Z2 and then throw down a 20sec sprint, than the work produced is not purely fueled by the anaerobic system, because your metabolism was already producing x-Watts with your metabolism being in homeostasis at start of the sprint...
Anyway- interesting stuff. If anyone has further info on how to DIY such a test... I'm interested ;-)