[dishe]

Yes, but the reason for the confusion is Verizon's poor marketing literature. It implicitly states on their site "Processor: MSM6800A".
A quick search on that title reveals that yes, it is most likely just the chipset and not the actual CPU, however nowhere in the advertising or official specs do they mention any other CPU.
This had even led a few reviewers to beleive they used a Qualcomm MSM main processor like HTC does, except they must have done a far better job with the drivers. Hence the misunderstanding in that blog post. Its good to know I'm not alone in that assumption, either.