Hey BigMills.Concerning the Moultrie:yep that's what it does.Sounds like you got the photo-cell timer unit and funnel set-up.they sell them already mounted on a bucket or you can buy the timer unit and funnel w/spinner plate only and mount it on your own container.For that price,you didn't mess up..cheap!
I'm not a big fan of the timers that work on a photo-cell myself.I prefer the timers that I can preprogram to go off at the time and duration of my choosing.A photo-cell activates with a change in ambient light source(just like the 'ol street light in the back yard).It will activate the feeder at /near daylight in the morning and then again at/near dusk.
I've found that this is not always the best times,so that is why I like the programmable timers.
Anyway,for what you paid,you still came out ok in my book.
If later you decide to try a programmable type feeder unit,take a look at ON TIME brand feeders.I use them,and really like them.They make several types and sizes,in various price ranges.They are super simple,durable,and have a life-time warranty.
Best of luck my friend,and good huntin' to ya!
Later...whackman