Not exactly. The recorded "Clear" video remains at full resolution (4,096x2,784 pixels). I downloaded a motion capture, opened it with VLC Media Player, zoomed in, and got a similar result.
"Zooming" on the Windows Client does not create pixels. My native Windows PC screen resolution is 1,920x1,080 so that very detailed 12MP picture is scrunched (is that a word?) to fit the screen.
I agree completely that it is not nearly as easy to "zoom" with a motion capture as a live video.