Not quite, Mxyzpltlk. These people excell at this point sparring. There are many "champions" of these exact type of competitions, that is why they are on this show.
This is not what most people on this site do and is not very close to full contact/mma type competition or self defense training. It looks silly to most people here because of the rules, which is fine. You do what you want, they'll do what they want. But this is not something they haven't done before, they are all old hands at this. (except for the guy who punched the other in the neck, he may need to make the moe to TUF