No. There are quite a few reasons why this rendering of John 1:1 is incorrect, such as: the Word can't BE God and at the same time be WITH God, and, in addition to that, John never intended to present the Word as being God Almighty. He was trying to distinguish between "the" God and the Word...
Jesus never said, "I am God," but he DID say plainly that he was the Messiah (John 4:25,26) and that he was the Son of God (John 10:36; Matthew 27:43). I'm sure that if he was God, he would have said so. Yet he never did, and he even went so far as to say that his FATHER was "the only true...
You are absolutely right on this, and I am amazed that so many people don't see the truth of the matter. Even if Jesus' detractors had said that he was making himself God, that wouldn't have meant that Jesus really WAS claiming to be God. They ACCUSED him of this, and that didn't make it so...