Yep. An easier way to explain this would be that 4th to act in 6 max, you ON THE BUTTON and not in MP. Rather than coming up with entirley new hand requirements for EP, MP, LP, why not just used the full ring game ones and assume the first 4 players fold every hand? That's all he's saying.
I don't really play like this (I kinda figured it all out on my own), but I see no problem with it. It's essentially correct.
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