A razor is a philosophical tool to help decide between options, in the case of Occam it’s a way to decide for something in a situation where multiple options have more or less the same level of plausibility to en your current knowledge. It’s a heuristic to make a “cut”. What are you shaving off?
The options are some complicated narrative that leads the company to hold back certain capabilities due to some mercurial strategy or this is a typical release and there is no hidden strategy to decipher.
The "pacing the frontier" claims that they are slowing down intentionally?
OP is using the expression correctly.
> Ocham's razor(...) is the problem-solving principle that recommends searching for explanations constructed with the smallest possible set of elements.
> Popularly, the principle is sometimes paraphrased as "of two competing theories, the simpler explanation of an entity is to be preferred".
https://en.wikipedia.org/wiki/Occam%27s_razor