Correct. There are only reasonable inferences which may be posited as tentative explanations. ID is a reasonable inference based upon the ubiquitous presence of organized matter that performs specific functions. It applies particularly well in the case of biological processes, but may also be extended to particle matter, or anything that is intelligible, quantifiable, etc. My use and definition of ID is no different in essence than that of its major proponents. It is merely applied on a wider scale.
You are kidding yourself if you think "natural selection" is sufficient as the "ultimate cause" of biological diversity. It is an arbitrary post hoc description; an arbitrary label which may or may not explain the "ultimate cause" of the diversity we observe.