Yup. I recently bought the 2nd Generation ATV remote (already had the 1st gen ATV4k) and there’s been a massive improvement in user-experience for me using the centre touch-pad. I imagine similar with the older remote too.
Disclosure: I use the Companion App while actually cycling and would highly recommend doing that. I think I’d be generally frustrated with the remote if I had to rely on it for everything during a ride. (it’s fine for quick settings changes like trainer difficulty but forget about trying to change camera angles etc - that’s Companion App’s wheelhouse)
Suggestions here for how to hold a phone conveniently: What do you use to hold your device when on Zwift? - #16 by Otto_Destruct