Yes, it probably is, since that would also include a measure of a person's ability to generate high pedal force at high cadences (ie, sprint technique). The 5sec test probably isolates a person's neuromuscular power or twitchy-ness more, but who cares about that?
Does anyone remember Andy saying that the Power Profile was intended to be used to identify physiological characteristics and inclinations, rather than as a performance predictor? The crux of the whole discussion seems to be that this screwdriver is ill-suited for pounding nails.