True, but can't be used to release a bad pilot. That's good and bad in itself. When FOQA reports a hotdog pilot flying a plane like an F-15 at takeoff then he can't be released.
It's a great tool to show how mistakes happen, but can't be used to fire the hotdog.
FOQA doesn't capture the guy who refuses to use a checklist or follow other aspects of a AOM or FOM. Only the pilot stuck with knucklehead can correct this action by calling and saying right then why they won't fly. By going all week then he's part of the problem too.