That has some elements of propaganda yes, but from my talks with many Ukrainians including several of my employees, this seem to be more or less fair depiction of the facts.

Nobody calls protesters Nazis, but Russian media view of the subject is indeed extremely biased.

What's worst of this is that the view of it from Eastern and Western sides of Ukraine is totally different, too (while both dislike Yanukovich strongly, which is a big difference from the state of things just 3 months ago). West dislikes him for being evil, East dislikes him from being stupid and not protecting their case strongly enough.