Certainly. I just always found the inclusion of the dialogue where they discussed him breeding with the people he was making deals with to be strange unless it was for a reason.
"I'm to choose the perfect parents, like your mommy....cause they're strong, they're pure, they eat their wheaties, my own little master race, they're 'ideal breeders'...(Dean looks at him). Oh get your mind out of the gutter. No one's breeding with me. Though Mary...man, I'd like to make an exception cause so far she's my favorite".
If you watch the commentary on that episode Kripke and Carver talk about how they rewrote that section of the script about 6 different times so that they could get it right and if they left that section in there one would assume it was there because it meant something. I've always assumd that something was continued on in I Believe the Children are our Future.