No, the component model proposal is not part of the Wasm 3.0 release. Proposals only make it into a Wasm point release once they reach stage 5, and the component model is still under development and so is not trying to move through the phases yet.

Unlike any of the proposals which became part of Wasm 3.0, the component model does not make any changes to the core Wasm module encoding or its semantics. Instead, it’s designed as a new encoding container which contain core Wasm modules, and adds extra information alongside each module describing its interface types and how to instantiate and link those modules. By keeping all of these additions outside of core Wasm, we can build implementations out of any plain old Wasm engine, plus extra code that instantiates and links those modules, and converts between the core wasm ABI to higher level interface types. The Jco project https://github.com/bytecodealliance/jco does exactly that using the common JS interface used by every web engine’s Wasm implementation. So, we can ship the component model on the web without web engines putting in any work of their own, which isn’t possible with proposals which add or change core wasm.