Directionally correct, but rather: the process moniker became disconnected from the feature size.
I think one of the big differences is that the "Gate Contact Area" simply isn't the smallest "feature" anymore - but the ITRS that defined those names called it "feature size", not "gate size" from the beginning intentionally.
You probably could make a transitor with a gate size of a similar order to the "feature size", it'll just perform awfully to be completely useless.