Oh definitely. As of now atleast we're making somewhat progress in terms of transaction fees and time. But it's still not as good as it used to be.
Remember the Western Union vs Bitcoin picture that's been circulating like last year? Welp, we're nowhere near those advertised numbers anymore.

Before anyone tells me that I can lower the fees, yes we can. But we're sacrificing the duration of how long the transaction gets confirmed. If we need to wait hours and hours just to send using cheap tx fees, then we're nowhere near being a "peer to peer cash system".