Unfortunately, it's not H!P. It's just UFA. H!P itself still doesn't have anything new and exciting yet. :p
But anything with former MM and current H!P members counts as H!P, at least in my book. Plus, I'm actually wishing this to be H!P. It's about time they did something new like this.
@Gocchin, Hangry & Angry are a H!P duo.