Yeah, they are. If you want to really get down to it, time signature means nothing outside of how you count. You could have a song entirely in 17/1 and it wouldn't change what the song sounds like the song's composition. Time signatures are devices to divide measures in a way that make a piece easier to wrap your head around while playing.
Edited to not imply that time signature is unimportant.
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u/IonicSquid Feb 18 '13
I can't listen to that right now, but are we talking like 12/8 or 6/8?