Absolutely - That's my understanding as well.
There are ways to mitigate (snapchat detects screenshots, etc) but no way to fully prevent - Someone could always use an external camera, etc.
I was just really hoping that they had come up with some sort of cool technical way to stop the ability to decode messages after XYZ time, even if they couldn't prevent it from being copied once decoded.
For example, imagine if a message were wrapped in two levels of encryption - Once from the user, and once with a key that you have to retrieve from keybase.io - If you weren't in the right time-window, you wouldn't be able to retrieve the second key.
There's lots of problems with that particular approach, which is why I was hoping they had come up with something awesome, not just asking the client nicely to delete it. It's a nice feature either way, though.