Hardly! You try telling a business that it has to convert it's BitCoins into VISA cards and then can only use them for online purchases.
Perhaps the CoinCard page is unclear, but it does exactly what you want. You send Bitcoins, it sends you a PayPal payment. You pay no fees to receive the PayPal payment. You can read the
full price list for more details.
EDIT: Oops, I just noticed that dsg already addressed this