Short answer, yes.
The Bionic has a total 1.6" bezel on the top and bottom (including captive buttons), the screen size increase would reduce that to a 0.95" bezel or a 0.479" bezel on the top and bottom if it were evenly split (which I doubt it will be). The left and right bezel on the bionic is 0.52", screen size increase would reduce that to 0.35" total, or 0.175 inches (4.4486 mm) on each side (getting pretty small there haha).
Thank you Data!