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As I understand it, it's validating the "full" chain of PoW, amounts, and UTXO's... but not scripts... and then of course future blocks as mentioned.

The language passes, despite the omission.

Second language is also factually correct despite the omission, you're still downloading the assumed-to-be-valid blocks and validating the full chain... partially.

The omission should be corrected regardless, when I said this I was unaware it was default behavior... probably never noticed because I always built my own .conf

There should also be more information on how the default block is selected. I think it should probably be disabled by default, but I could understand if the objection is the inundation of RPI enjoooyers complaining they can't sync from scratch like they used to.