It actually is, and if you follow these instructions, replacing the pads/rotors should take 10-15 minutes for each side. Yes, you can do your rear brakes in 1/2 an hour!! See that handbrake cable? You shall NOT be messing with it or taking up hours trying to put it back with it's Godforsaken spring, plus it is in the way of the bottom 15mm bolt. If you attempt to take it off, it will not come off. Why? Because the cable is in the way. We shall not be going that nutty route, we shall do it the east and fast way. Ready?

1. Jack said car up.
2. Take respective wheel off

3. Take the two 12mm bolts off. They are located next to the accordion boots that house the caliper sliders. In this pic below, I have the 12mm wrench on the bolt, and I'm using a larger deep socket over the smaller wrench for leverage and to prevent discomfort from my palm.

4. Then it's onto the 2nd 12mm bolt..(Steps # 3 and #4 should take 1-2 minutes at the most)

5. Caliper comes off very easily...just lifts up...and also moves that dreaded handbrake cable out of the way of the two 15mm bolts that you'll be heading for next. (Notice that the pads are still in place?..pretty cool huh?)

6. At this point, you can use a rear caliper piston screw-in tool ($5-10 at any local auto parts store), or just rent a much better kit such as this or buy one for yourself. www.Harborfreight.com sells the kit for $39.00

Step # 6 takes about 2 minutes of grunting...still very easy!!

7. Now, grab a breaker bar, a 15mm socket and a nice large socket wrench, and take those 2 (totally exposed/unobstructed) 15mm bolts off.

Another angle: (see? no handbrake cable in the way) Yay!

Step # 7 is necessary IF you're going to take the rotors off and either replace them with new ones, or going to take them down to your local parts store to have them resurfaced with a lathe. (takes a very fine layer off and makes them nice and flat surfaced).

8. When that process is complete, replace the bracket and resinstall the two 15mm bolts (Use some thread locker/locktite on the bolt's threads first). Then place the new pads as shown with the anti-rattle clips at both ends.

9. Slide caliper back onto the bracket and install the two 12mm bolts back onto the sliders with the accordion boots.