As someone with a USB-C phone and laptop: yes, it's this good.
I can use laptop charger to charge my phone, and yes, phone charger to charge my laptop (although it takes a while).
I can grab a power bank (got a 65w 40000mAh one) and add juice to both phone and laptop through the same tiny USB-C cable.
I am never lost without power.
Yep, always have been :)