Yes, that is possible. Or it also could be an allusion, that we will not see any sex cut-scenes, as it does bioware.
The possibilities are simply too many.
I prefer "Fade to Black" to be honest. Worked fine in BG2, FO1&2, FONV and KotOR1&2, etc. ME1 had a real scene that was tasteful but it scared the crap out of them because of media reaction. The following underwear grinding in DAO, DA2 and ME2&3 were enough to make me vomit.
If the connection that can lead to romance or just a 'Friends with Benefits' option just goes to a Fade to Black, I'm all fine with that.
As long as it's not BioWare clothed sex I'm fine. Fade to black or Witcher style show everything work just fine.