My experience is quite the opposite. To deliver a feature, you still need to integrate changes in multiple services. To do it in a monolith is IMHO easier. You have a single artifact you can test, the probability you have the right automation is higher. Also, the devs will run bigger part of the system in the development version.
What I was talking about was the latency of smaller changes. Think of bug fixes. Somebody has to notice it, triage, fix, (wait for automated tests) and deploy. Often, a bug fix affects just one service. With smaller services, this chain is simpler.
Monolith architectures often degenerate into the proverbial "big ball of mud" over time. But if the team has the discipline to maintain proper design through continuous refactoring then they can retain the ability to deliver features with short cycle times.