This is true. In release mode the operators are converted to && or ||. In debug mode they are converted to something different (which behaves the same but runs in the rapid engine).
The operators behavior are based on B4A language design not on the Java operators. The compiler could have easily generate different code if the language design was different.
I must say that I'm really impressed by this tool. I bought a license after just watching some presentations on YouTube, I didn't even bother to download the trial first.