Yep. And EC2's "HVM"-type instances are now actually PVHVM, not pure HVM.
Since this change, there has been absolutely no reason to use anything other than HVM AMIs, and pure paravirtual instances can basically be considered a deprecated feature in EC2. New EC2 instance classes (e.g. t2) don't even support PV.
Basically, PV instances are just there to support current customers who are relying on already-built PV AMIs and have too much inertial to be nudged into switching over.
Since this change, there has been absolutely no reason to use anything other than HVM AMIs, and pure paravirtual instances can basically be considered a deprecated feature in EC2. New EC2 instance classes (e.g. t2) don't even support PV.
Basically, PV instances are just there to support current customers who are relying on already-built PV AMIs and have too much inertial to be nudged into switching over.