Disabling telnet

I am running solaris 9.. currently has telnet / ssh access..

Initially I just want to stop telnet access (but leave ftp open as some scripts etc still using this and need modification)

As far as I know I just need to do the following:
edit the /etc/inetd.conf file and comment out:
telnet stream tcp6 nowait root /usr/sbin/in.telnetd in.telnetd

Then "kill -1" the inet process to force a re-read and therefore stop the telnet process...

Is this correct?
Also - is the /etc/inetd.conf file just for connection incoming? ie. I assume I can still use the telnet executable to telnet to other servers from this one?

Yes, exactly right.

Thanks - just have to do a sanity check sometimes..