Pretty much. If they had another season to work with though, I don't think the writers would've gone down this exact route for Jesse. The character turn felt expedited, and kind of diminishes what he's done in previous seasons.
Depending on what happens in the last ep, the only impression I'm left with Jesse isn't great - a weak side character with anger and maturity issues.
Things that would redeem him:
-Jesse sac's himself to save Walt
-Walt and Jesse forgive and forget and become tru family
Edit: Oh, you edited, lol. To be clear, I don't care if he lives or dies or is tortured (it's just a show), but I just thought that post with the horror ending idea was kind of funny.