Well, mine really doesn't have a tilt wheel.
It's better described as a power telescoping wheel.
I'm a pretty tall guy at 6'1", so with the seat nearly all the way back, I like to telescope the wheel as far out as it will go. This way, I can have my right hand on the wheel and still rest my elbow on the armrest.
2001 E430, Bourdeaux Red, Oyster interior.
1973 280SE 4.5, 170,000 miles. 568 Signal Red, Black MB Tex. "The Red Baron".