Of course it does. If basic face replacement is deepfakes, so is audio replacement and lip animation retargeting and whatever you have in store for faking performances.

Has been used as such for a long time now too, people simply were calling it deepfakes - not that it is a particularly technical term to begin with.

it's not one thing or the other. This app may not combine everything, but by that standard, any "traditional" deepfake is pretty much incomplete by virtue of not providing audio at all, which is pretty fucking integral to the deepfake experience. Re-targeting 3D features of a 2D input for life-like animation? Hell yeah that's a deepfake.