Psyren
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Yes, it does let you assume templated forms. The spell is specifically overriding the general polymorph rules in this regard.
It doesn't matter in most cases because what you get from the spell is very specific. For example, if you turn into a vampire with UA1, all you get out of it is a bite attack, two slams (no energy drain), darkvision, and arguably a climb speed (20). You would not get any of the vampire's other abilities, including the vampire's blood drain (though you would get this with UA2.)