Yes, it confirms what I've been thinking all along.
A PCI Express 150W-ATX add-in card is defined as a card that consumes greater than 75 W with support for up to 150 W inclusive. A card that uses a single expansion slot is described as a SINGLE-SLOT add-in card. A card that extends into the adjacent expansion slot is described as a DUAL-SLOT add-in card. A card that extends into the two adjacent expansion slots is described as a TRIPLE-SLOT add-in card. A 150 W add-in card, as with any CEM add-in card, may be SINGLE-SLOT, DUAL-SLOT, or TRIPLE-SLOT. A system that supports a PCI Express 150WATX add-in card is required to ensure that sufficient power and thermal support exists. For example, in an ATX form factor system, the adjacent expansion slot can be left vacant allowing for 1.37 inches of clearance for the add-in card as illustrated in Figure 1-3 to support a 150 W or lower power DUAL-SLOT add-in card.
A PCI Express 225 W add-in card is defined as a card that exceeds PCI Express 150 W 1.0 power delivery or thermal capability and, as such, consumes greater than 150 W with support for up to 225 W inclusive. This card, as with any CEM add-in card, may be a SINGLE-SLOT, DUAL-SLOT, or TRIPLE-SLOT add-in card
As long as the designed cooler takes up two physical slots, it's allowed to use more than 75W.