The capitalization reflects terms of art in the C++ 11 memory model. So, not my "true definition" but the one provided by the language used, in this case C++. This matters because Haiku is written in languages which use this model (or in some cases languages which don't specify any model but in practice conform to the C++ 11 model)
If you're Linus Torvalds you can insist compiler vendors adjust things as you prefer to some extent, thus the Linux memory model isn't quite the C++ 11 memory model despite the fact that GCC is used to compile Linux and GCC notionally confirms to C11 (and thus has the C++ 11 memory model), much of what Linux does is not conforming to the ISO document. Haiku can't expect the same benefit of the doubt.
The question of whether Haiku needs sequential consistency where it has it is vexed. Hyrum's law applies. The least scary approach might be to follow C++ and provide sequential consistency by default with an opt-out, then introduce use of the opt-out carefully.