I think so. I just got through rewatching Hard Knocks and Cheap Pops, and they had most of the stuff from the HHH/Cactus Jack feud from the start of the year, and it was all excellent. I have the HHH/Jericho title match on my computer, and it's timeless.
And there was so much more fantastic TV that I remember, with Edge/Christian/Angle, Eddy and Chyna, the love triangle...I can't remember so much consistently great TV. It was even better than 1997 (which had superb stuff in the main event, but not much underneath). I can't watch 1997 shows today without FFing through most of the filler -- I can pop in a show from 2000 and generally be entertained throughout.