Not necessarily, the Apple Watch already does hand gestures (double tap of fingers plus additional accessibility options for hand squeezes and uses of different fingers to control the display), plus the AVP obviously has hand gestures, and so have several devices for decades.
However, I will agree that this entire package does seem to be a major step forward for future augmented reality glasses.
Main issue I see for Meta… is that it is going to be insanely easy for Apple to make their own version of these, and with all of Apple’s customers already with Apple watches on their wrists, AirPods in their ears and iPhones in their pockets the integrations that will be possible from day one will pretty much make these meta-glasses obsolete the second Apple releases theirs.