Yes, they are referring to the VCast music manager, which actually isn't that horrible. I installed it, it sucked all my music/playlists/videos/pictures from windows media player (also has an option to pull from itunes) and synced them relatively fast.
Also, if you go to the HTC sync support site, they have a new version of HTC Sync (that currently isn't ready for North America but you can still download it) that will sync your music/pictures/playlists.
Not quite as feature rich as I was hoping, but they'll have to do until google finally gets the hint to release a media/app management tool.