Yes, and you really have no choice. When you lose players to the portal less than 2 weeks before signing day, when the bulk of recruits sign, there's no to time to address the needs through recruiting. I don't think many coaches like the portal, but to say that is a recruiting liability.
I don't know why the powers-that-be had to go from one extreme to the other. From being nearly impossible to transfer to an unbridled free-for-all. There were some common sense approached that would have loosened up the transfer process without making it the chaos that it is now, and one that is certainly rife with tampering.