No, it is a Gundam and is a part of the Delta series which are Gundams(The Delta Plus being developed from the Data based off the Delta Gundam and not the Hyaku Shiki). The Delta and Delta Kai even use the Gundam name as well with the Kai even getting a V Fin. Only the Hyaku Shiki has doubts whether it's a Gundam or not due to its development. However, the intent originally was to make it into a Gundam(Delta Gundam to be specific) that could transform into a Waverider form so I stand that it's still a Gundam in heart even if there were complications.
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