That is my understanding as well. I have built up the ESP32 interface from the German Pedelec forum which works well and was going to experiment with the messaging in conjunction with the throttle.
The throttle should be set up with the +ve of the throttle connected to the lilac (looks brown!) wire of the 8 strand cable (pin6), the negative connected to the black line (pin 8) and the signal connected to the yellow line (pin 3).
If there is a voltmeter included in your throttle the wire for this should be connected to the red line (pin 5). (You're probably aware of all this!!)
I have built the German Pedelec forum device using the ESP8266 chip which works very well - removing the 25-> 20km/h flat spot and giving a maximum assisted speed in excess of 30km/h, however no change in throttle performance was achieved.
I also built the ESP32 based device which gave a similar performance improvement and the fitted throttle was able to produce a higher speed than the walk speed - I didn't record the value (see below), but I think it would give sufficient power for a hill start or pretty rapid accelaration. Unfortunately with this set up the display (mine is the L7), failed to register any of the usual parameters and as I'd had satisfactory experience with the ESP8266 board I didn't pursue this with the ESP32.
I'll be interested to hear your experience.