I wouldn't call it police. Police in that sense would imo be the bps, because it's them to carry out the orders. ECAF rather resembles the court of law. and it might differ from offchain only in that sense, that offchain arbitration exists inside a judicial framework of law. The latter doesn't exist on EOS, so arbitration is the only legal entity we have. But still, its tied into the blockchain, and once you are using it, you are bound to it. you still have the liberty to not do so.
If you are asking me, my answer is a pretty clear:yes, this is exactly what i want, and it is exactly what i expected, since Thomas Cox has described that in length and repeatedly ahead of the launch.