That is what it means today. But it is the "catch all" that prevents abuse. The crucifixion is not an indulgence. A man's salvation lies between the confessional and the altar:
1Jo 1:9 - If we confess our sins, he is faithful and just to forgive us
our sins, and to cleanse us from all unrighteousness.
But then:
1Co 11:28 - But let a man examine himself, and so let him eat of
that bread, and drink of
that cup.
And again:
1Co 11:29 - For he that eateth and drinketh unworthily, eateth and drinketh damnation to himself, not discerning the Lord's body.
And then:
Gal 6:7 - Be not deceived; God is not mocked: for whatsoever a man soweth, that shall he also reap.
Salvation lies between the confessional and the altar.