Not really, no.
I was there and used and supported these machines throughout.
There was a CDEV available at the time. I can't find it any more. It placed an "indicator light" in your menu bar, which glowed red when the OS was executing 68K code and green for PowerPC code. I installed it on all the machines I could.
It sat there red 99% of the time. Occasionally it flashed green briefly. Only a very few very-CPU-intensive apps made it stay green: applying large Photoshop filters, for example.
Even by MacOS 9.2.2 in my normal usage, browsing the web, doing email and spreadsheets and chat, and writing, it stayed red most of the time. PowerPC-native browsers such as WAMCOM call OS code all the time, and the OS code mostly stayed 68K.
As for it being the low-effort move, I specifically addressed this point.