No, I'm in the exact same boat! I also had that thought, but I don't want to assume anything. I actually emailed them on Friday to ask whether the status change meant that a decision was forthcoming, but they didn't respond. This info from the grad school website implies that we won't hear anything until after the grad school review.
My application status changed yesterday from "under departmental/program review" to "under graduate school review." I'm hoping that's good, but I don't know for sure. Haven't heard anything else from them.