Yeah, that's what the "You should be aware that there's no "open"
SRD this time round, though, so you'll have to be careful about general copyright issues" phrase is supposed to address. Maybe I should expand on that, rather than burying it in the paragraph - I just didn't want to be sidetracked into a copyright conversation. I'll bold it; that should help.
[Edit - italicised it and expanded it slightly to:
"You should be aware that there's no "open" SRD this time round, though, so you'll have to be careful about general copyright issues - but a general copyright discusison is far beyond the scope of this FAQ, and it's what you should be hiring a lawyer for."]