No, it's not the same LA, the LA we knew and loved is dead and buried. The thing that calls itself Lucas Arts and even wears its rotting flesh over it's true form is an abomination summoned by Lucas himself to feed on the the disappointment and despair created by the various Lego titles and now The Force Unleashed. There is nothing left of the original Lucas Arts, it is but a twisted mockery of all the good that the LA of old has done.
It's a bit like the zombie Goofy from Warren Spector's Epic Mickey:
AND the brains behind half those games have left LA long ago.
Hmm... I wonder if Epic Mickey is supposed to be that super impressive game Spector talked about, or if it's another one.