Yes I've successfully used the "3-second procedure" to disable the inner tailgate release. When disabled, the tailights will flash if a release is attempted. Maybe on your truck the microswitch behind the release button is corroded and is now acting like a momentary switch. This explanation may account for your observation of immediate release upon button push even though you haven't released the button.
Addendum: I checked operation on my truck and I found that pushing the upper button caused the inner gate to unlatch immediately even before button release. Given that, an alternative possible failure mechanism is that internal corrosion of your microswitch causes flaky, intermittant contact insufficient to hold for the required 3 seconds. Although one would hope, if not expect, that GM would spec an environmentally sealed switch to avoid such problems.