I think your interpretation is right. You will achieve the full resolving power of the sigma even in crop mode. Which is, I will not hesitate to admit: surprising to me!
However, it's worth noting a few things:
Ultimately I think there is a place for both of these lenses. But I'm really surprised about the MTF numbers, because I would have sworn there was an advantage to having 33mpix. Unless these are both very poor lenses, this suggests that the real advantage of higher megapixels is nil.