The secondary winding on a PW ZW is common to all the handles. That means that the total power of the transformer is available at any one handle, or can be divided among the four handles. There are no "channels" on a ZW.
Using more than one handle has the advantage of not trying to get all the power through one roller. The rollers are the weak link, being made of carbon, and can get hot and fail after long steady use at high power. Another advantage of splitting the output is that you can use four (or more) buses, each controlled/protected by a cut-off switch/circuit breaker, with each handle set at whatever voltage you need for different types of accessories.
The ZW is rated at 275 Watts (input.) Assume that it is 70% efficient. That means you may be able to get around 200 Watts out of it. I believe that this topic comes up occasionally on this Forum. You might want to search the archives to get the opinions of others who have considered this scheme, and who have a better grasp on the exact maximum capabilities of the ZW.
If the handle is set at 12.5 Volts, using Ohm's Law, (It's as easy as "PIE"...Power = Intensity x Electromotive force...or Watts = Amps x Volts) that's 16 Amps total. I would use a more modest estimate, say, 14 to 15 Amps.