I think there's two different types of lock being talked about on this thread. The first is a construction keyed lock, which is used by DOM, Kaba and others - these usually have a ball sandwiched in one or more of the pin stacks. You turn to a certain spot to make the ball disappear down a hole. which changes the pin stack and hence the key needed to operate the lock.
The other type is the clever type. I call these key-changeable locks. Rielda is one type but there are others. They generally have a system of racks that can be disengaged at a certain angle of rotation of the key.
The other type of key-changeable lock is a combo lock like Sargent & Greenleaf. DIfferent principle and can't be done using the operating key - a separate change key is required.