There's nothing in the article that would make me think that this is the case. A qubit is a fundamentally different concept, in which a computation can be performed on all possible states simultaneously. This seems to just be getting more states out of a single classical element.
No, you can think of a qubit as a unit vector in the complex plane. It can have two real values, but also all kinds of complex values. Computing with a qubit is rotating the vector around, measuring it collapses its imaginary state to a real state. The probability which state you get depends on the rotation at the time of the measurement.