In short, yes. There's a great video on YouTube (you've probably heard of it) of Linus giving a talk at Google on git
from about a year ago which is really interesting and informative and was what got me really excited about git in the first place.
Personally, I've been using git (on my home directory) for almost a month now and it runs like a dream. There are the occasional hiccups, but that's mostly because I haven't RTFMed any more than I've needed to. And, as far as I know, I haven't broken anything yet (I haven't tried anything too fancy yet, though--just changes and merges).
When I dabbled with SVN as a freshman and even when I foisted it on my project team last semester, I always issued commands with tentative jabs of a 10-foot pole, fearful I would lose my work. With Git, I never worry. Of course, it helps my piece of mind to have an up-to-date copy of my home directory located on at least three different computers.
P.S. "Leaving Chicago" is the best song you've written to date. It's catchy, addictive, depressing and yet not. It sucked me in and hasn't yet let go. The lyrics ran through my head for at least a week after I first heard it, assaulting me randomly as I walked down the street. I haven't had that happen since I first heard "This Year" last year.