That was a truly confusing experience the first time I clicked when the machine was off. The click was a lie, yet I swore I felt mechanical travel.
There's no physical click anymore, but there is still travel in the touchpad area itself.
The new touchpad definitely has physical travel. I turned mine off and pressed various spots on it. The "click" went away, of course, but the travel is clearly visible around the edges of the touchpad.
Another fun way to test is to press with your nail compared to pressing with your finger tip.