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I mean technically yeah. But it might also mean some meeting-in-the-middle on what PC/console even means. It’s probably push PC fanning even more toward being console, with the benefits of more consistency and less cheating, but the downside of being less flexible and more crowded with console players. Probably also a bigger push for buying PC games through the Microsoft store when possible.
For what it’s worth, Windows 8, while tragically mistargeted, was a marvel of streamlined engineering.
But your skepticism is sound. Microsoft hasn’t been able to execute a bold and cohesive vision in at least a decade, if arguably ever.