It is! Did my first metric and imperial centuries on it and it really just cruises right along and maintains speed well.
One drawback (for transparency to potential buyers) is that local bike shops might not be willing to service it due to it being a direct to sales brand. I haven't run into any issues myself, but was warned by a friendly shop owner.
I've had a Japanese pro shop owner very begrudingly look at my Canyon. He was apologetic but repeatedly said he hated them. He said he'd rather work on mamacharis than a Canyon. A Japanese customer better at getting the message would probably have walked away.
I was specifically thinking of the KY expression when I wrote my post, so I raise my glass to you sir!
My Canyon is aluminum too, an old Ultimate SLX that is 7.0kg without pedals. According to rumours, it's Giant who make the aluminum ones. The carbon Canyons are made by a company called Quest Composites. Giant are a huge manufacturer who own their own factories, which is good for quality control. This applies to Thien's bike too, but Canyon also tend to give you the whole gruppo without skimping on less sexy bits like the bottom bracket.