Yes, this is exactly what the title says. We've known about the upcoming Marvel Legends versions of the Guardians of the Galaxy for a while. These characters have already been done by Hasbro in their comic book versions, but that was in the 4 inch line. This time it's for the 6 inch Marvel Legends, and in the style of the upcoming movie. And they look awesome!
The pose we see here is meant to resemble the promo poster we saw a little while ago. And they have nailed it. A little more detail on Peter Quill's costume, but other than that I think they are amazing representations of the movie designs.
As a long time reader of Guardians - and almost anything in Marvel's "cosmic" catalog, I'm excited. Obviously for the movie, but I have to be honest, I'm also tempted by these action figures. Marvel Legends is an awesome toy line these days.