Yes, definitely.
I feel a profound sense of despair when we purchase a mobile device with the most cutting-edge CPU and insane amount of memory, and proceed to saddle it with a bloated VM that's designed to guardrail and protect the device from even more bloated, leaky, crashy, unresponsive apps.
And when we purchase a new desktop workstation, equipped with even more staggering horsepower, we're totally OK with installing software that makes itself comfortable by consuming large fractions of this horsepower without any apparent need, all because the amazing hardware is able to mask the awfulness of the software.