That's what I am assuming....(course you know what assuming does...)
I also realize OB doesn't have the volume of some of the others so you'll pay a little more, but I don't think I've heard anything but rave reviews on the OB's. And seeing as many of the reviews aren't by paid spokesmen or fanboys (for many it's their first OB) I have to think you're getting a little more for your money.
Now whether they're worth the price is, of course, up to the buyer. But whether I keep my PSE for a while and then trade up or just buy a second bow, I will be giving Obsession a good, long look (and hopefully be able to actually shoot one).