That is precisely how most people read it in my experience, though. The whole "you have to go and get the stored motes by touching it" bit clearly implies that, unlike all mote-drainers, the motes aren't instantly put into your essence pool, but rather stored in the artifact itself. And it doesn't mention a capacity maximum anywhere.
Most STs, however, put a cap on how many motes the oneiromancies can hold, of course.