Is there contextuality for a single qubit?

Cabello and Nakamura have shown [A. Cabello, Phys. Rev. Lett. 90, 190401 (2003)10.1103/PhysRevLett.90.190401] that the Kochen-Specker theorem can be applied to two-dimensional systems if one uses positive operator-valued measures (POVM). We show that the contextuality in their models is not of the Kochen-Specker type, but it is rather a result of not keeping track of the whole system on which the measurement is performed. This is connected to the fact that there is no one-to-one correspondence between the POVM elements and projectors on the extended Hilbert space, and the same POVM element has to originate from two different projectors when used in Cabello-Nakamura models. Moreover, we propose a hidden-variable formulation of the above models.