No, but he says no one does big RPGs like Bethesda so it's all ok. No it's absolutely not.
He doesn't really say that it's all okay. He says that he's okay with the jank, but he agrees with Jeff that the huge things like potential game breaking bugs has got to go. It all seemed to be based on his opinion too (of him having given up on them improving on it) and not some larger statement about whether it's "okay" or not.