No.

An IP camera installation tends to require a wholesale equipment change.
This is sometimes called the "fork-lift upgrade".

HDcctv preserves the existing investment in SD and IP cameras, while providing a plug-and-play for all cameras having a < 100m run on coax back to the DVR.
For the other SD and IP inputs, the customer gets a hybrid DVR with a great display.

Therefore HDcctv presents unique advantages to large-scale applications such as casinos or airports, delivering immediate benefits in a non-disruptive manner.

An open question is whether new coax is less expensive than a network to install and maintain. If pulling coax is acceptable, then HDcctv presents a compelling upgrade path for complex applications.

HD DVRs are generally designed to accept not only HD camera inputs but also inputs from SD cameras and IP cameras (including megapixel IP cameras). Therefore, you do not necessarily lose any capabilities upgrading to HDcctv.

HDcctv is attractive to achieve (or re-gain) the ability to control Speed Domes using a joystick.

The HDcctv Alliance Technical Committee brief extends to all video media commonly used in surveillance.