Yes, Chris. That's the same rationale I've always heard, too.
It hinges so much on our view of God.... that He punishes us, breaks us, manipulates us...
and our view of ourselves... that we dirty, digusting, despicable, and unworthy of being loved by Him--even after we have Christ.
Christ's redemptive work on our behalf has been subtly twisted into the idea that God loves Christ, and therefore--on Christ's behalf--He accepts and tolerates us, constantly trying to purge us of all the filth and sin and inadequacy and unworthiness that comprises the whole of who we are.
(no, it's not said that bluntly, and pastors will talk about grace and how much God loves us, etc. but the messages that are implied in a legalistic atmosphere can actually carry more weight than the spoken words themselves.)