Pretty much, and seems to cover it about half the time. You just grab the bait and pop the hook out.

If they have it down inside their mouth, I try to grab it with pliers and pop it out.

If they're really hooked solid and deep, then I will hold the fish behind the head to release them since there's no other way to get leverage. If you leave about half the fish in the water they tend to stay more relaxed.