I'm going to be really po'ed if that is the case. Stupid gimmick that no one is going to use. We have no way of knowing either because all of HTC phones have huge bezels.
FWIW, I did find it handy when I had the U11. I use my phone's flashlight a lot, so a quick squeeze of the phone fired up the flashlight. Makes it easier than "show lockscreen, swipe down on notification shade, tap flashlight quick access toggle" to fire up the flashlight. In fact, I'm enjoying having my Bixby button on my Note 8 mapped so that I can turn the flash light on/off with 2 quick presses of the Bixby button. While the squeeze feature is still somewhat gimmicky, if you can make good use of it, why not use it?
edit: more words added
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