No it's not. Raising the nose of the saddle will cause one to rotate one's hips back. This rounds the back and causes neck pain by increasing the angle between the cervical vertebrae and the rest of the back. Leveling the saddle allows one to rotate one's hips forward and fix that neck problem. That's a critical part of a good road fit.

That said, many people who adopt an upright fit can sit a saddle that's raised in front and still manage a straight back. But the position must be quite upright, which on a long day, will not be as comfortable as the ordinary road position and back angle.

See:
http://www.bikeforums.net/road-cycli...discovery.html