Your interpretation is the correct one. I wouldn't go as far as to say that it's more than similar to Cuba, although I'm sure he would like to have one. It's not completely similar because there is still some resistance from society, but that resistance is largely symbolic; in practice, it's true. The Constitution makes provision for a larger number of members of the Supreme Court, and in practice those members have been appointed in accordance with Chávez's will, which is, “I want people who are close to the process”. We have seen, for example, at the opening session of the Supreme Court three years ago, which was the official opening of the judicial year, all judges present there screaming and clapping and chanting, "Oo, ah, Chávez will never go”, “O, ah, Chávez no se va.” And those are the members of the judiciary.
On June 3rd, 2010. See this statement in context.