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Other than being unbelievably slow and of extremely low quality, sure. It so bad and slow that you really have to consider it a different class of product.

Additionally, any ink ribbon printer (or typewriter) will suffer from dry ribbons in occasional service.

Really there's nothing wrong with laser printers. If you want a trouble-free model you need to spend maybe $50 more than the absolute lowest price you can find. If you think about what they do, it's sort of incredible.

The words ‘dot matrix’ give a very intense memory of the sound.

I still see dot matrix printers around, usually in auto workshops where they’re printing through multi-ply copy paper and covered with decades of grease.