Thinittru,
Your first question:
The simple answer is yes. But this is where it is not necessarily a matter of understanding the science, but more as to how particular terms, like "anabolic" versus "androgenic" are used.
The term anabolic is, for the most part, utilized in scientific journals to refer to hormones/steroids which cause an increase in metabolism, i.e. raising the resting metabolic rate of a cell, tissue, organ, etc. This increased metabolism is displayed by increases in the production of complex molecules, for example proteins, which in skeletal muscle can lead to increase in cell mass and contractile force. This then can be seen in animals/humans as hypertrophy and weight gain. The catch is that most anabolic steroids induce this action via their binding to the human androgen receptor. This is why natural molecules like testosterone, and synthetic ones, like nandrolone (or even THG), are referred to as anabolic steroids, androgenic steroids, or even anabolic androgenic steroids (AAS). The binding affinities of steroids/hormones to the steroid receptors most ubiquitously expressed in human cells (glucocorticoid sp?, androgen, and progesterone) vary, as do the expression of these receptors. The receptors then have varied transcriptional effects, again depending on the steroid molecule, the receptor, and the cell-type. This is why some steroids have primarily "sex" effects, while others have primarily "anabolic" effects. But the most commonly used 'roids by athletes, are ones that have higher affinities for the androgenic receptors, which produce the most performance enhancing effects. This is also why you see things like hirsuitism (sp?), acne and premature balding in athletes on 'roids, because the best 'roids will still have some "sex" effects.
Here's a pretty good ref for this topic:
Tsai, J, and O'Malley BW. Molecular mechanisms of action of steroid/thyroid receptor superfamily members. Annu Rev Biochem 63: 451-486, 1994
Regarding your second question:
“Do you think it reasonable for Catlin to say at the Price hearing that the Aussie research showed that THG has potent anabolic properties??”
Sort of. Any substance which has higher binding affinity to androgen receptors than testosterone or nandrolone certainly should have potent anabolic properties, but you are correct in inferring that the actual anabolic effects (weight gain and increase in muscle mass) remain to be shown in an in vivo model.