Yes Novastar, the idea is that Mirror Force or Sakuretsu Armor will still activate, but they will lose their target. Keep in mind if you have any other Face-Up Attack monsters, you can not save them from Mirror Force, save a Book of Eclipse play.
Also, let it be reminded that they cannot be activated during the Damage Step, so no using Book of Moon to save you if you get Shrinked or Honest'd.