Yes, basically they're saying given some reasonable (at least to them) assumptions about what an accuracy measure should look like, the only acceptable measure is quadratic.
They make some arbitrary assumptions about how to represent the space of possible worlds and degrees of belief, and it isn't clear if their result depends on these assumptions (they acknowledge this).
Recently, Hans Leitgeb and Richard Pettigrew have published a novel defense of Bayesianism:
An Objective Defense of Bayesianism I: Measuring Inaccuracy
An Objective Defense of Bayesianism II: The Consequences of Minimizing Inaccuracy
Richard Pettigrew has also written an excellent introduction to probability.