The five wires coming off the circuit board are the same as those coming off the ESC attached to the brushed dc motor and the servo motor circuit board "2 for power in and 3 go to the arduino". The pulses mean the same as the brushless dc motor. The only difference is that at maximum RPM, there are still pulses. There is not one long pulse like the brushed dc motor. The only physical difference is that there are three wires into the motor you may not be able to see them when it is mounted on a circuit board.
Outrunners and inrunners both use the same ESC. This ESC is different than that of the brushed DC motor. There are three wires going to the motor instead of two. The wiring between the ESC and the Arduino consists if the same 5 wires. The three wires give the brushless motors more pulling power. Understanding this helps understand stepper motors below.
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