not at all. 
if you store big repository on a server, thereis no problem
to partial checkout some of it. but if you want to heavily work with your
working copy: use mq, use own local branches, then your net trafic increases
rapidly.
another thing - i have no stable network, and itis difficult access to server repo
the only way to solve this - is to clone repository from server to local hard. 
but in proposed issue105 was mentioned about huge repository.