Yes, this is absolutely correct.

EXPRESSCOIN.COM ARE SCAMBAGS! When you place the order they let you see EXACTLY how many bitcoins you are getting and for what price you are getting them for and from then on they carefully only display the amount of payment. It's a thinly-disguised bait and switch. Besides, their bait and switch starts right on the bitcoin official website where they state to be "conveniently located in Santa Monica, CA", while their address is nowhere to be found (it does pop up though later), and it quite inconveniently happens that you have to send a money order to WA. Furthermore, do not believe "we generally try to process all payments the same day" - again nicely hidden BS. They receive your money and wait for the price to go up and then fund your account. I sent USPS money order noon Oct 6 from CA to WA (1BTC was ~$300) and my wallet was funded 1am Oct 11 (1BTC ~$365).  And to add insult to injury, they charge a fee.  I think everyone will agree that it's simply NOT FAIR! All legitimate businesses lock your rate in, as was mentioned earlier. Anyways, I didn't lose much but I guess I'll  drop a line to Bitcoin support with detailed description and link to this post, maybe they will do the right thing and remove expresscoin scammers from the list of vendors. This topic already ranks well on Google, so if we leave some back links in related blogs/news articles it will be easier for people to find and read this before they do business with these dishonest people.