This is correct. The streak killer, in the North anyway, are Hurricanes, and winter blizzards. Power goes out, no net! Two days without power = new CDP streak!
I lost my streak at 730 days. But I started a new one and am now around 380 days.
It used to be no big deal to lose a long streak because the CDP bonus topped out at 880 XPs, which I'm sure you're aware. Now it can be a significant loss of XPs, if one loses a CDP streak.
And if a player is below Level 100, it could mean something to them because they might want to get better equipment and would like to level up faster. Also, if WGT ever introduces new equipment above Level 103, I bet there will be more than a few who will want to protect their streaks. I know I will.
I keep thinking they're going to introduce some high-end (and very pricey) Titleist equipment. But I could be wrong.