Rapid Reload Feat Question

[DungeonmasterCal]

Here's the part that's concerning my player, who uses a light crossbow:

"Benefit: The time required for you to reload your chosen type of weapon is reduced to a free action (for a hand or light crossbow)..."

Does this mean she gets to load and fire the number of Iterative Attacks allowed at her level (2 at the moment) or simply reload the crossbow then make a full move to reposition herself for her next shot?

[Cavall]

You can load and shoot as many times as the attacks you have by BAB (and other feats) allow with this feat.

[DungeonmasterCal]

Excellent. Thank you!

[bbangerter]

Assuming she takes the full attack action of course.