What platform? I did get Login Failed several times last night, but was able to get in eventually. I just got home and am trying to sign in on Xbox. Position In Queue number is updating, but it's crazy. 388,568 to 1 to 1490 and back again. I don't even know if I am really in a queue or not. The aprox wait time is always 1 second, sure.
Edit: Oh, I saw 1490 update to 747 a few times then got "unable to connect to the server". Rejoin queue and now at 404,389.
TL/DR No (at least not on Xbox NA server as of right now)
update: Okay. I got in. The queue system does work even though the numbers and wait time seem to be nonsense. The first time I sat through the queue it was not able to connect me to the server so I had to try a 2nd time. I'd say the queue time, at least right now, is about 5 min.
update 2: back in queue, got disconnected from server after a couple minutes, sigh hasn't this been out for over a year already on PC?