Maybe it is....but, again, they are not protected at that level.
Not to stir this proverbial pot once again, but I looked into the details of the scenario I described. KGIG first aired in 2005, which I assume was before KNCI turned on their IBOC broadcasting flamethrower. Before IBOC, it was easy for two radio stations to co-exist next to each other on adjacent frequencies. However, IBOC demands further spacing due to the splatter that it causes. I'm not trying to defend KGIG radio at all. In fact, i'm on the side of KNCI radio as they were there first and have every right to broadcast to their full capacity. In a situation where you are within the 60dbu contour for a radio station, you can very well expect a high level of splatter on adjacent frequencies. I'm just saying, there would not be a problem with KGIG being located directly next to KNCI on the dial if it was not for HD, as they are not in the 60dbu contour where a weaker signal is expected.
Near my location, there are two FM stations that do not co-exist well due to the use of HD. One station utilizes a power of 50 kilowatts with IBOC with another station on an adjacent frequency with 7kw and no HD. The smaller station does well in its COL, but when entering the territory of the more powerful HD signal, it's reduced to scatter.
I do perhaps have a better example of this phenomenon. KMCQ 104.5 in Seattle, Washington, and KMNT 104.3 in Centrailia, Washington (located about 50 miles south of the Seattle transmitters as the crow flies). Both stations can both be easily distinguished from one another in the overlap area where one might expect harmful interference. I have personally only experienced interference when you get too close to the transmission centre of either station (or too far out of range to expect a clear signal). If KMCQ Seattle were utilizing IBOC technology, i'm betting the KMNT signal would be rendered unlistenable outside of the 60dbu. Interestingly, KMNT utilizes an HD radio system at a much lower power (which seems to cause problems for the more powerful KMCQ signal inside the 60dbu).
The point is: HD radio takes up more space, and sometimes IBOC signals do not live harmoniously with other signals on adjacent frequencies. I'm clearly no expert, but I think most people would agree that there are a lot of bugs involved with using IBOC that need to be addressed for the sanctity of the listeners.