Not in the current environment no. Historically impeachment has been an optics move by the opposing party, that held true here. If you can't get the legislative branch to act with unity or get a useful case through the SCOTUS then most likely the stakes aren't actually that high in the immediate present.
On a more basic level, nothing the current POTUS has done to defend himself is something that the legislative branch couldn't take off the table in time. The country isn't burning down, the economy is fine, by any metric of genuine significance this is just an extremely unpopular president (not that I would claim he's trying to be popular).
The problem with the American system is that, short of staging a coup or actually burning the country down, pivoting before problematic people leave is hard. In my opinion this has the benefit that anything that seems like good legislation from the position of the currently weaker party will still seem like good legislation when they become the strong party again.
In terms of consequences I'm more concerned about things like both parties having noticed that executive orders are an easy way to circumvent the legislative process. My hope is that after election season is over, we'll see more challenges to executive orders that will result in firmer precedents for what a POTUS can and cannot do with an executive order.