Huge IANAL disclaimer, but I don't think it is. It is decriminalizing some of the edge cases where reasonable, and missing the one you mention. That one isn't criminal where it wasn't previously, just unchanged, AFAICT.
I'm not claiming that the text at issue changes whether sexting in that relationship is criminalized, just that it is criminalized,† which should disqualify the law as a piece of model legislation.
It's true in a technical sense that where sexting is legal anyway, the "model" text wouldn't make it illegal, but that isn't an interesting observation, because where sexting is legal anyway, the text has no effects at all.
Why is criminalizing an existing legal relationship a good idea?