No you are not. You are paying more for more.
FP+ did not evaluate the projected lines and make recommendations of when you might return to a shorter line.
FP+ did not recommend or suggest that this might be a good time to get a meal / take a holistic view of the entire day.
FP+ did not make recommendations for rides based on what you might enjoy.
FP+ could often not be used time of (unless you were an expert clicker). You had to pre-plan.
If it works right, this will have quicker access to rides than FP+
If it works right, you will have a better chance of getting certain rides than you did with FP+ (many people could never get FOP, SDD, etc on FP+)
FP+ was not
DAS friendly.
Frankly, this system is more fair then FP+ (certain people were experts at claiming tickets and did so to the detriment of others).
Call it what you want, but it is your OPINION that this is not as good. That is not a FACT. You still seem to have trouble understanding the meaning of the word.
I am not ready to say whether it's better or worse than FP+. TBH I thought
FP+ was a terrible idea over FP and I thought FP was a terrible idea over stand-by only. Disney proved me wrong on both counts. They often surprise me, so I am willing to give them the benefit of the doubt.