No, it isn't, but that's perhaps the point: it's so direct. It rarely gets in the way. Sure, some things are easier done in emacs, but that's when you just copy the text to emacs, do your thing, and copy it back.

What VSCode isn't, is elegant. I think the OP likes that very much, and VSCode has forsaken that in favor of simplicity and a kind of free-for-all extension mechanism.