It is, in my opinion (as an avid Rust user!). The type errors from most of the major web frameworks/ORMs (diesel, sqlx) are just awful, more often than not. Usually some inscrutable thing involving Send/Sync. Or some hilariously complicated type/trait hackery on the part of the library, attempting to save me from the former, that I'm never going to figure out.
Great language in many other settings, but not this one. At least not right now, but given my experience with async Rust in general, I'm not sure it ever will be.