Yes - it’s very applicable (and one of my favourite bookmarked memes to quote), but as with many things - you can’t abdicate judgement just because the rules or implementation say something.
I believe the moderators would “take a dim view” of someone setting up a 1 hour game and not playing their second move until the last 1 minute. This could be seen as “you accepted my time settings”, but that would be a bad judgement call.