Another Potion Creation question...

Crafting rules are gonna make me old/crazy before my time... OK: RAW says: "Potions and scrolls are an exception to this rule; they can take as little as 2 hours to create (if their base price is 250 gp or less)" but also: "Regardless of the time needed for construction, a caster can create no more than one magic item per day."
Am I to read that as I can create a level-1 potion in two hours but then must find something else to do the rest of the day?