It's not the same as a quitch hitch but if you look at some of the larger tractors like a 4000 they have a release mechanism to allow you to move the end of the lift arm out, plus up and down about 4".
You simply pull a cable up and it releases it.
Makes it MUCH easier to connect to the pins without having to budge the heavy implement around. When you get the implement connected just back up a little and they snap back into place.
I've often thought about welding a set on my lift arms to make it easier to connect things to the tractor.