It’s at least a criticism of the story and its repetition, so, yes, at least that’s something more than “I want to kill all Orcs and I hope the game dies.”
Because you seem to very rigidly adhere to what you can tally up on paper instead of the flaws on how the Night Elves are used in the narrative despite how much content we get. Here’s an old summery I wrote up once:
Add Azshara and Nazjatar on top of that, and whatever else we might be left out of for BfA.
The rest of your point I agree with. But the plight of any of the other playable races is also irrelevant to the plight of the Night Elves, no matter how right you are about them.