No it is not. Android phones now have finger print sensor under the screen so they do not need a notch on the screen. That is the future (actually it is already here).
Camera? Personally, I would prefer a micro-chin up top rather than a notch.
FaceID is much more seamless than fingerprint-sensors. You just use your phone and almost everytime it just opens without input or thought.
I used a iPhone 7 yesterday (my phone is Xr), and I had to smile when I realized that there is no going back to home buttons and Touch ID once you are used to faceid and gesture based navigation.