Yes anyone to whom you will give that link will be able to view the images in the collection.
What I'm not seeing is the capability that Revel has to manage actual people who have access to your account without having to send a link - you can then move between libraries and albums without needing the link, or you send a link to obe album to someone who can then only see that album but nothing else.
I'm also not seeing a way of commenting back and forth, just stars/flags or am I not seeing that functionality either?
So far this is a bad option for what my famity use Revel for and we'll be looking for something else. Very sad as we liked Revel. Bad move, adobe.