Hook, line, and sinker? No. But Pixel Pass was a money thing, this promise is a brand thing.
Most people didn't know Pixel Pass exists. They drop this promise, and I guarantee you your grandparents will know about it. It's a brand killer kind of moment.
All I'm saying is the scales tip in favour of them holding this up. We're on the 8th generation of Pixel phones now. Generations 4&5 we're rough, but they stuck it through when it would have been easier to walk away.
More specifically, it is enabled in the dev builds, but not in the user builds at this time.