No, it's not the end of the Cuban trade embargo, but it might be a step in that direction. President Obama recently announced an easing of travel restrictions for qualified U.S. citizens.
While this doesn't mean that any citizen of the United States can board the first plane to Cuba, it does mean that there will be greater leniency for more academic, religious and other cultural activities that were previously forbidden.
Furthermore, in an effort to "expand the economic independence of the Cuban people," as the official White House press release states, any U.S. citizen can send money to a nonfamily member in support of "private economic activity."
To see more on the story and to read expert opinions on the new relaxed restrictions, see the latest Cigar Insider.