To illustrate this for you, let me turn it around a bit. Is it security by obscurity if the only thing stopping someone from logging into your account is knowing your password?
Security by obscurity is when you (for example) roll your own cryptosystem and rely (in whole or part) on the secrecy of your new-fangled algorithm to save you. That is unsafe. But if you're saying high-entropy strings shouldn't be the only barrier to authentication, you're throwing out half a century of complexity theoretic cryptography.