Yes. It also navigates around the problem of "I payed this much money for this game and now I can't play it ever because I possibly broke some rule. Maybe not, maybe autobanning tool was just overzealous with me. Now what?"
You can expect to be able to play. Whether it'll be fun for you or not depends on many factors and you can't expect to be ensured that you'll have fun just because you paid for it.
Basically suddenly you'll feel like people that murder you are cheaters and for the first time you'll most likely be right.