This seems particularly critical. This style works well in Haskell where it's extremely common to have short functions.
I've found that Haskell code often has two kinds of functions: 1-2 line functions (or function cases) that do actual work and computation (often combining other such functions), and 50+ line monadic functions that implement simple sequential routines with very simple control flow (calling other functions for any non-trivial computation). Point-free style works quite well for many of the former.