Whether or not a distinct "plan mode" is needed, upfront planning remains essential in my experience, even with Fable (albeit not the 5.1 version). I agree that, as the models get better, you can skip planning on increasingly complicated tasks.

But there is still a ceiling above which it is necessary to "preload" the context window before starting to call tools and get into the meat of the work. You want to establish domain language (especially with Claude models which otherwise will invent their own, and it will be inscrutable) and key requirements and assumptions. You want to do a Q&A iteration cycle with the LLM. You definitely should do a sanity check that the LLM actually "understands" what you were trying to achieve, and then make sure that understanding is coherently and plainly stated in the prompt. All of that seems to be necessary still for just about any serious task, if you actually care about the quality of the results and/or don't want to burn hundreds of thousands of tokens on flailing around to get to a good quality result.

So no, you don't "need" plan mode. But you do still need to do all of the things you would do with plan mode.