Not necessarily. Armageddon, by definition, is the site or time of a final and conclusive battle between the forces of good and evil; a usually vast decisive conflict or confrontation.
With that, this is pretty much Armageddon here. You have Madara, Akatsuki, possibly Taka, and 7 Bijuus vs the 5 Great Villages and Co. (such as Amegakure, possibly other shinobis from other parts of the world). I think the key members that could change the course of the battle would be Naruto (if he can control his Kyuubi), Kakashi (I believe he mastered his Kamui so that could potentially take a few bijuus down), Yamato (with his natural gift to control bijuus). I'm uber excited to see this battle and the aftermath of it all. o.o
EDIT: I should probably hold my excitement until I see the chapter. >.>