Pretty much. That season ended perfectly, with Xena, Gabrielle, and her adult daughter looking forward to their new life together, free of petty gods trying to terrorize them. I read that the producers were not sure if they were going to get renewed after season 4 or 5, so both seasons had endings that could be taken as definitive. 5 was a great way to end the show, but then they just had to make another season, which really scraped the barrel when it came to finding storylines.