Sadly yes.
What truly haunts me is that the game could have easily achieved its title as a "masterpiece". I thought the game was excellent in terms of gameplay (which is seemingly where its score comes from), but where it was lacking in narrative isn't a fault of Kojima, but rather Konami. There is no excuse for cutting such important story content and missions. I feel like an entire third of the game is missing! Furthermore, the issues with their servers caused a great deal of grief. It wasn't until two or three weeks later that I was able to upload my GZ save data (only to find the staff to be mediocre).