Yes, that's precisely it. PRQL is a completely volunteer driven project by folks who had enough of the thousands of paper cuts from SQL and felt that we deserved something better after 50 years. Throw away the SQL syntax and keep what people usually like about SQL - declarative, relational operators - plus add functions and composition.
The main limitation is developer time. There is so much that could be done with PRQL! Without corporate sponsor, parent company, or more contributors, velocity is unfortunately limited. If you'd like to see that change, please reach out!