Yes. It fixes the broken world scenery by basically rolling back the ‘defective’ files to their previous version. It lives in your community folder, so doesn’t actually touch or change the base files of the game It’s worked flawlessly so far, removing the terrain spikes and irregularities from the entire planet.
So it’s your choice. You can certainly choose to wait it out. The world will look ugly, but outside of some situations where you may have a tall mountain at the end of a runway making certain airports unusable, you can still fly as-is.
Personally, I find the broken landscape too jarring and it just wrecks any sense of immersion. I’ve been using the mod now since it was released and couldn’t be more pleased.