I agree.
250.118(5)(d) does not say the fmc is not or no longer an egc under this stipulation. It even depends on what logic is used to interpret it. It says an equipment grounding conductor shall be installed. Therefore, one flavor of logic could say that's what the fmc is (i.e. using inclusive rather than exclusive logic). The general statement of 250.118 suggests inclusive logic because it states, "The equipment grounding conductor... shall be
one or more or a combination of the following:"
With the preceding train of thought, the stipulation should read "an
additional equipment grounding conductor shall be installed" if the intent were to install an additional equipment grounding conductor.
To clean the wording up, perhaps 250.118(5)(d) should read either:
Inclusive logic ? d. If used to connect equipment where flexibility is necessary to minimize the transmission of vibration from equipment or to provide flexibility for equipment that requires movement after installation, an additional equipment grounding conductor shall be installed.
...or...
Exclusive logic ? d. Not used to connect equipment where flexibility is necessary to minimize the transmission of vibration from equipment or to provide flexibility for equipment that requires movement after installation.
Note
italicized text is a 2011 proposal.