There have been a few recent advancements lately (Boss SY-1), but even the supposedly "ideal" solutions, that require a new polyphonic pickup, are not good at all. I have a Fishman Triple Play and a plugin whose name I forgot, and tracking is frankly terrible.
Here's what Metheny said himself: "But the guitar‑to‑MIDI part has always been a problem. It's a question of physics. On input, I sort of have to rush. But I know how to rush. I play ahead."
It's fun for lots of things, and you can make lots of cool music, but it's still very limited to certain styles, dynamic ranges, phrasing, tempo, speeds...
But "solved" here means "when not doing the analysis in real time". The realtime solutions are not as good. NN's are not typically great at realtime either, so this may not help very much with this particular goal.
I'm just disputing the GP general assertion about NNs that "NN's are not typically great at realtime either", which is quickly disproven by the TFA which uses NN for realtime audio.