More like, technically true, but contrary to the whole reason for doing what they're doing.
Nobody puts a lot of work into something "honestly" not intending to replace the thing it's replacing.
They say this to appease the people who point out that it doesn't do all the same things.
If I built a better alternative to a common item, you could bet your bottom dollar i would be very "honest" about it not replacing that common item. The last thing that statement would be is "honest." It's appeasement.