From my calculations, yes. The cost of hardware to profit ratio is excruciatingly higher to those who use dedicated mining rigs such as ASIC to those who use GPU mining.
Hello!! Huffmeister here, did a bit of mining back in late 2010, never picked it up, now back again with a vengeance to mine my shorts off!! Looking for a bitcoin mining buddy until I can throw a few bitcoins to afford a dedicated mining rig, you will be compensated greatly later on.