In theory, Yes. In the real world, No. 4/3 can achieve up to 15mp
resolution at reasonable noise levels. APS can achieve up to 30mp.
And FF up to 60mp.
How did you arrive at -- or make up -- these numbers?
I am not sure about his numbers; they seem to assume 4 micron pixels. I would be more conservative, even though 3.4 micron pixels are satisfing some moderately serious users of high end 2/3" format cameras.
Norm Koren's suggests, in his very informative essay
http://www.normankoren.com/digital_cameras.html
that 6 microns is the low limit for decent S/N ratio. However the trend of improving S/N at at given pixel size might take this a bit lower, so let me say 4-6 for decent S/N.
However, diffraction limitation starts to limit resolution at the same f-stop for a given pixel size, around f/6 for 4 microns, and while this may be barely enough DOF for 4/3 format (like f/12 for 35mm) it is not enough for 35mm format, so the design trade off would favor gradually larger minimum pixel size in larger formats (also giving even more dynamic range, as the high end market might demand for the bigger formats).
So maybe upper useful limits will be very roughly
35mm format: 5-8 micron pixel size and 14-35MP with f/7-f/13 diffraction limit
4/3 format: 4-6 micron pixel size, 7-15MP, f/6-f/9 diffraction limit, same DOF as f/12-f/18 in 35mm format.
(Norm Koren explain both diffraction limitation and the relationship between f-stop and DOF for various sensor sizes.)