Licensing agreement (LGPL) question

[Jeff Evarts <jdeassoc earthlink net>]

As I understand it, you may use the GTK and GLIB libraries
to produce a commercial product, and charge for that product,
provided that you distribute the code for the version of the
libraries you used to make the product, and that it is not
required that you make the product's code available to anyone,
or reassign the copyright to the product's code.

In essence, you if you use LGPL libraries as libraries, you
can sell a product that links with the single requirement
that you distribute the code to the libraries.

Is this correct?

-Jeff
-- 
-Jeff Evarts
--jdeassoc@earthlink.net
---http://www.ecst.csuchico.edu/~amarth/