Yes correct. Joomla + Moodle = Joomdle - thus integrating the two. But more about the data than the users as describe on the Joomdle home page.
As for if you need it in the future, only you will know that
To remove, just undo what you did. Remove the joomdle component from joomla, remove the directories from moodle. Also ensure you do not lock yourself out of moodle depending on how you set up your joomdle and moodle prior to remove joomdle ie did you turn off the main moodle login screen from the backend. IF so turn it back on first.