In my humble new diver opinion yes. However I feel that it should be directed towards one self, not a competition among peers.
One can always strive towards perfection, although perfection might not be obtainable.
For me this equates to practicing drills dry and wet. Making sure that I follow the right procedures, drills and show awareness underwater both towards my environment and buddies. I will practice until it becomes second nature, and then continue conducting the same procedures/drill. Of course having fun at the same time.
However I do feel that a competitive attitude of "How deep can you go?" does not appeal to me.