Yes. It is also significantly lighter than the previous one, so that the Merlin VT-80 will give a power to weight ratio above 1:1.
This is a great news because to me this engine is the most achieved on the market and a represents a fantastic value for money. It is also the lightest in this class of thrust and by far.
I believe that this will make an extremely gentle plane. Having flown Scorpions at 9kgs all up weight and knowing how easy they are, I cannot wait to try this one at less than 7,5 kgs...