This is true, but it’s also true of many other OS X and MacOS releases over the years.

You’ve definitely hit on the core of the issue with the Snow Leopard myth, though: comparing the final battle-hardened bug-patched version of an OS, to a newly released version. Seems like “Snow Leopard” always gets trotted out whenever someone is unhappy with the latest release.

See also: Windows XP.

Upon release it was a security/stability CF. Today there are retrocomputing forums dedicated primarily to it. What they are gazing rose-coloredly back on is likely Windows XP SP3, not how the OS was upon its release.