For navigating a great big thing that benefits from two axis scrolling? Yes. For literally anything else a scroll wheel might be used for, like swapping weapons in games? No. The clickyness of the average scroll wheel is actually pretty useful and can’t really be applied to a trackball.
And as long as consoles remain cheaper than gaming systems. Sure, you can technically build a gaming computer for less than the cost of a PS5 or Series X, but the consoles will massively out-perform it.