I don't know why you got downvoted, because you are right, the new touchpad definitely has some travel. If you turn the machine off and press hard on the touchpad you can see the motion quite clearly around the edges.
The new touchpad definitely has physical travel. I turned mine off and pressed various spots on it. The "click" went away, of course, but the travel is clearly visible around the edges of the touchpad.
They definitely, 100% do. I've had one for a few months and though there is no mechanism that clicks, the trackpad surface still does have a small bit of travel.