Pretty much so, Heero, except for this:
It won't be revealed directly, but you'll be half finished with the riddle.Mayhaps, in clearer light
and in array
my true self will come forth,
as I am in all. (One you find out the answer to all lines, the true answer will be revealed.)
The riddle:
Myself,
The victim of the preceptor,
Avoidance,
The dilatory assassin,
The daedal burg,
and The red saviour
Am I all? No.
Am I some? No.
Mayhaps, in clearer light
and in array
my true self will come forth,
as I am in all.
I am the beginning.
Wrong guesses:
Cid
Eden
Ellone
GeroGero
Gilgamesh
Ifrit
NORG
Rinoa
Ultimecia
Clock puzzle in Ultimecia's castle
First disk
Junctioning system
Junk shops
Obel Lake quest
Squall's love/process of discovering love
Time compression
Side quests
Machines
Deep Sea Research Centre
Esthar's shield
Lunatic Pandora
Moon
Hints:
The answer is not a major part of the game (i.e. main characters, time compression etc.)
The answer is not an enemy.
The answer is not abstract (no feeling, mood, event or process for example).
The answer is not related to Triple Triad.
The answer is not a machine.
The later part directly refers to the earlier part.
The second, third and fourth paragraphs all give clues about how to solve the first paragraph. The first one is possible to solve without their help, but easier with.
Try to put the first paragraph in other words.
The answer has little to no ties to any story or plot at all. It is involved in a process, though.
The first six lines are not a description of the answer's attributes or surroundings, but rather a list of individual "things" that can lead you to the answer.
The riddle is much more trivial than it may seem. There is little to no metaphorical speaking.
One of the remaining lines looks for an enemy, another line simply looks for a synonym.
"Myself" refers to the answer.
"The victim of the preceptor" refers to X-ATM092.
"The daedal burg" refers to Esthar.
"The red saviour" refers to Ragnarok.
"Am I all? No. Am I some? No." refers to the paragraph before: The answer is neither one of the above nor all of them. The answer is rather given by solving the first six lines, and "processing them" according to what the rest of the riddle says.