No. Feudal means that the land was managed by the samurai and all the rice produced on it was owned by them. The farmer class worked the fields and were paid for their production, but owned nothing. This was one of the big changes that was instituted by the Meiji restoration -- the samurai class was outlawed and farmers were allowed to own land (and have a name).
https://en.wikipedia.org/wiki/Feudalism is a useful reference. Of course Japan was not technically feudal, but the parallels with feudal Europe run deep, so most things I've read on the topic use that term.
One of the reasons I started avoiding conversations on HN of late is due to questions like this. It's appears to be a very shallow dismissal of what I was saying. I really don't mind if people disagree with me -- especially when I'm saying something as extreme as I have in this thread. However, you seem to be saying that the upper classes treated the lower classes terribly badly and therefore nothing can be learned from that era.
Indeed, when I say that Japanese people admire Edo culture, they are not only, or even principally, speaking of the noble classes. Indeed, most are referring to craftspeople, farmers, etc. In fact, you will even see a considerable amount of respect and gratitude toward the Yakusa who generally protected normal people against the excesses of the powerful. There is a reason for the huge number of Zatoichi movies out there, as well as all the ronin (disgraced samurai whose daimyo is dead, but who didn't commit suicide) movies where the protagonist wanders around and protects the common people.
When the Meiji restoration came about, the government was keen to take on European culture and technology which it viewed as being more advanced compared to the seemingly backward analogies in Japan. So suits and neckties came into fashion. Brick and stone were used to build buildings, etc, etc. Much of the appropriate cultural technology that had evolved to suit the climate and nature of Japan was thrown out the window.
Things like the natural life cycle of cloth was changed for example. Originally a parent would buy a kimono. When it was worn, it was taken apart and a kimono was made for the children from it. When it was worn, it was taken apart and cleaning cloths were made from it. When it was worn, it was burned as fuel. There was a general ban on burning firewood in parts of the Edo period because of over logging, and so people were very clever about how they got fuel.
Even now, if you go to a traditional futon store and try to buy a new futon the first thing the craftsperson will ask you is if you have old cotton from a futon or zabuton. In fact, if you do not, they may heavily encourage you to go away and ask your family for old cushions and what-not as they are very loath to use new cotton if they can avoid it. Again, this comes from the Edo traditions and is something that many people cherish in Japanese culture. It's also something that is slowly disappearing as the country becomes more westernised.
I hope you found the above interesting. I probably shouldn't complain about the quality of responses I get from crazy postings I make, but it's something I'm starting to feel more acutely these days. If you found what I wrote interesting, I hope you will find a way to encourage others to write something similar rather that to write in a way that may dismiss what they are saying out of hand. I'm sure that wasn't your intention, otherwise I would not have wasted my time typing all of the above, but I still had that feeling from reading the words that you typed.