In a sense. Cured base rock essentially means it won't cause a cycle, because it already has the beneficial bacteria living in/on it. The bacteria that disposes of ammonia, which is produce by your tank inhabitants.
See, no matter what you get, base rock or uncured live rock, once you cycle your tank with whichever rock in it, once the cycle is completed, that rock will be CONSIDERED "live". What defines rock as "live" is the fact that it has beneficial bacteria growing on it. Not whether it has tons of little saltwater critters running all around it and through it. The life that comes on the rock from the ocean is something you get with cured live rock, or uncured live rock assuming something survives the cycle.
See, what i like to do, like mentioned by Corey above, is get mostly base rock, cycle the tank with that base rock, and then seed that base rock with some CURED live rock. This way, none of the critters on the cured live rock will die off because there's no cycle, and no ammonia to kill them.