Yes.
I hate people who go on about how "story being far more important" etc. YES. It is. We all know it is. However, you seem to overlook the extent to which graphics help to immerse you within a game. It's not like you spend all your play time looking at the scenery, but every now and then you realise "damn that looked good". I find it really does contribute a lot to the experience.
Think of good graphics as a subconscious immersion-booster
I hate people who go on about how "story being far more important" etc. YES. It is. We all know it is. However, you seem to overlook the extent to which graphics help to immerse you within a game. It's not like you spend all your play time looking at the scenery, but every now and then you realise "damn that looked good". I find it really does contribute a lot to the experience.
Think of good graphics as a subconscious immersion-booster