Yeah, the limits will be the same. Note that 0.2V drop over the MOSFET is quite big, almost 3% efficiency loss in the MOSFETs only. This protection limit is clearly not meant to be something you normally work close to. It's only to protect from very large overcurrent, such as short circuit. You are expected to provide proper, accurate current limiting by controlling the charger and the loads.
I agree that an asymmetrical limit would be more handy, since the safe operating current of the cell is asymmetrical as well (typically around 1:4); you can't do it with this chip.