Exactly. Since it looks like there's no salting going on, if you know your target's IPv6 (and from that their calculated class E), you could quite easily go through your own set of available addresses and see if any result in the same class E address as your target.
It wouldn't be a good assumption that the code we posted to the blog is exactly the same as the code that is actually in production. If we included something like a salt, we obviously wouldn't reveal it.