Theory of Operation - What is a CDV?
The Clutch Delay Valve (CDV) is a one-way restrictor installed by the factory between the clutch slave cylinder and clutch master cylinder, as shown in Figure 1. It "delays" the engagement of the clutch, much like old record players use a damped tone-arm to gently lower the needle onto the surface of a record.
Because of this valve, no matter how quickly you lift your foot off the clutch pedal, the clutch engages the flywheel at a constant (slow) rate. In theory, it can save the driveline from shock, were an inexperienced (or immature) driver to dump the clutch.