Indeed. If the author's claim is true, it's a configuration-specific bug. Proof: starting with my 10.7.4 template VM (a fresh install from the App Store image), I signed into both iCloud (with the default list of enabled features, including various synchronizations and Find My Mac) and the App Store, confirmed that "Allow user to reset password using Apple ID" was disabled[1], then used the App Store installer to upgrade to Mountain Lion. After the upgrade, the option was still disabled[2].
I did notice an unrelated bug, though: as can be seen in the screenshots, the upgrade appears to have enabled Guest User login.
[1] http://jasomill.at/Lion.png
[2] http://jasomill.at/MountainLion.png