It might not fit the textbook definition of jury nullification, but it would absolutely fit the spirit of the definition.
If the prosecution presents nearly irrefutable proof that the Ohio man destroyed the camera (Which from what I've heard is the case), but the grand jury declined to indict anyway because they're vehemently against Flock cameras and want to stick it to the government, then as far as I'm concerned, that's nullification.
Edit: to be clear, the essential quality of nullification is that it’s the product of a contradiction between two unassailable principles in our legal system. Without that contradiction, which does not exist in a grand jury context, a juror’s decision is not nullifying. It’s just a decision.
I don't think calling this nullification even adds any "spirit" meaning that isn't already present in "the grand jury declined to indict".
These two things can be similar, but the details matter here.
A web search comes up with articles saying that it's more common with non-grand juries, but that's not the same as "cannot do it", while they also speak about a prosecutor's ability to re-indict, but that still doesn't guarantee them a charge.
With a grand jury, the second term doesn’t apply: the grand jury’s decision doesn’t prevent a second indictment.
So in other words: grand juries can choose to render “faithless” decisions, but they can’t nullify a case in the sense that matters.