It meshes with my experience. Coding was never the bottleneck. Understanding what the customer/business wanted or needed was always the vast majority of the time spent on a project. A developer might not have seen that, depending how the organization worked. If you got specs from a manager you might not have been aware that those were 6 months in the making. If most of what you experienced was writing code then that could feel like the bottleneck especially if your manager demanded frequent status reports.
Have this been measured, not comparatively, but absolutely? Where you plan, but don't code, instead leave the task to an agent (while you do something else), then test the result (maybe a quick look at the code), and ship. Is it sustainable? Or is it for greenfield setup and common ideas (things you would use tooling and snippets before)?
> What's left is "planning" which under a modern iterative model apparently includes deployment/distribution and getting/understanding/incorporating feedback.
That is not "planning" means. Planning is usually understanding, research, and design.