Yes; particularly since their statement about the top 100 games seem to indicate they won't have all of those ready at launch, (and how that was initially their only statement, and their "update" specifically avoided any statements about anything else ready at launch)
(With the caveat that they might have just been discussing boosted mode, granted the blog where they repeated that doesn't mention that at all)
@Deto : yeah I'm totally an Xbox fanboy got me pegged here
Apparently wanting to accurately discuss what has been said about something is a common trait of Xboyz.