It's not even close, 3D touch was amazing and I used it heavily on a daily basis on the phone and watch haptic touch cannot replace the missing features. Removing it was one of the worst decisions they've made in a very long time.
3D touch was like a car accelerator, pressure sensitive now its just like tapping a button. It's complete crap.
There was games especially that made full use of it, hold the screen gently to accelerate and the harder you pressed the faster you went. Or waking, touch gently to walk and the harder you press the faster you ran. 3D touch worked exactly like an anoluge trigger which haptic can't do.