Now that's commitment

My boss and I have just sent an email re a development project that we are about to kick off with the following phrases:

'...possible solutions..'
'...defined the issue a little more clearly...'
'...beginning to formulate a possible solution.'
'...improve the chances of delivery of at least an interim solution.'
'...that this still probably means at least three months...'
'We both thinkk that development is probably the best way to go...'
'..., will almost certainly require...'
'...this could be built...'

And these were not plucked out of a lengthy document - this was a dozen line email! Get the feeling we are almost certainly, probably definitely, absolutely potentially covering our arses in the unlikely but increasingly possible (to the point of near certainty) event of a cock up?