Sounds like it, with the addition of a Grafana panel. It seems like there is a bit of overlap between this and the other products like Tempo, Loki, and Mimir. This graphic seems to indicate it stands independently though, aside from Grafana visualizations. https://grafana.com/static/assets/img/diagrams/grafana-diagr...
But I really, really like the idea. Often when I want to test the performance of a change I'll launch test and control canary instances with a small percentage of live traffic, run perf against each, collect the data, load it into a local https://profiler.firefox.com/, and try to compare the differences. It would be awesome to automate that process. Beyond that, I often keep notes about the tests but the profiles themselves are a real pain to store and catalogue.
We need to pull these profiles in at a regular interval by hitting the HTTP endpoint and we call this “scraping profiles”.
This is very similar to how Prometheus.io works.