Yes,
That is why the matter is not really a big deal, but it does treat any content being launched that way the same way you would if you were using the open content and file browser option in Retroarch. So the history playlist runs into the same issues as mentioned here. Obviously, if you create and manage platform playlists within Retroarch, the history playlist gets populated properly. It was just nice having the history playlist when launched this way to have the thumbnails for content. Felt like it complements the launcher and keeps things consistent. That is all.