...Not really.
It's already extremely unlikely that inklings would come to resemble humans (although our bodies are rather energy efficient). For their biological structure to match ours would be downright miraculous.
And yet, that's what happened.
True, it is not likely for that happen in reality.
Then again, nature is an unpredictable force doing its own thing, so nothing is set in stone.
Besides: I think the inklings become far more interesting when they're less like us. Humans are boring.
Normal humans are, but superhumans are not.
Frankly, I think of Inklings and Octolings being the best of borh worlds, so to say.
Basicly being a naturally developed "Human-Squid/Octo Hybrid" if you will.
Aka, taking the basics of both, putting them together and becoming something unique.
So I can see them having traits from both sides.
As well as unique ones only they have.
And again, the society pretty much being human-like, albeit still different from humans, the music, the culture, etc.
All this speaks for human-like lifestyle.
But then we have their ability to generate ink and use it, as well as the Jet Propulsion technique that allows them to Super Jump to distant locations.
As well as their bone-less bodies.
That one speaking for their Squid/Octopus-side.
And then we have the unique stuff.
Their bodies being made of ink and ability to shapeshift between two set forms, each one looking like one of their two predecessor-species.
The Inklings and Octolings might not be a very realistic thing, at least with the way nature plays right now, but that doesn't make them any less interesting.
And discussing how their Biology would work, still is fun to do. : 3