"Full protection" means...?

At 20:23, 3 October 2014 you fully protected Thefederalist.com‎. I understand this means it can only be edited by admins, but I'd like some clarification as to what that means. I understand that (a) admins can do housekeeping edits, (b) make edits required by policy (e.g., remove actual BLP vios) or (c) make non-controversial edits requested on the Talk page. But does the admin bit mean an admin is free to (d) work on a protected page as if it were not protected?