Does the streaming launcher work yet?

I am reinstalling the game because of an SSD upgrade, and I'm wondering if I need to go through the trouble of messing with the settings to avoid the streaming launcher.

When I used it last, the "reorganizing data" step took hours every time I launched the game. I found many similar complaints at the time and went back to the non-streaming launcher, because the endless data reorganization made the game essentially unplayable.

Have they fixed this yet, or should I just go with the old launcher?