Not outside the wealthy western world it's not.  In lot's of places they still charge deposits on glasses and glass bottles.  If they can't afford to pay the >$0.05 fee they take there drink in a plastic bag.  It's OK for all you early western adopters with BTC1000's balances who want to see $1,000 a coin but above $0.0001 transaction fee is expensive.  Bitcoin needs lots of small very cheap transactions not just a few expensive ones.