Correct, but almost irrelevant. The cinema crop factor is so minor that you can just about ignore it. I mean, if you put a 20mm lens on a cinema camera and shoot from 10 feet, you could get the same results on an AF100 by either a) using a 23mm lens, or b) use the same 20mm lens, and shoot from 11.8 feet back instead. Really it's no big deal. It's very slightly different, but it's not some big scary thing you have to worry about. You just use either a very slightly wider lens or set the camera very slightly further back.
Did Barry Green make a mistake?!
If the crop factor for m4/3 is 1.18 vs. cinema, then at 10 feet, in order to get the same FOV as a 20mm lens on a cinema camera, you need to use a wider lens on the AF100 (i.e. 18mm), not a longer lens (i.e. 23mm).