No, I don't think that's quite it. I mean even in Moonland, sexually abusing a child is not some slap-on-the-wrist offense. Pedophilia almost always refers to sexual attraction; which when applied to someone pre-pubescent, basically means rape. Lolicon refers to a fetish that can be sexual or non-sexual, in the same way I can say I have an eyepatch fetish, which can mean anything from "Teh Rei moe~~" to "fapfapfap PENIS DOES GO IN EYE"
That's how I look at it, anyway.