I am in the boat that it likely evens out, but I think there are a couple of points to consider to see whether it is worth it.
The first is, is/was there a core from an NFL team that could take you all the way?
For example, the 1999 Rams had the #1 QB (47TDs), Faulk was at least a top 2 RB in PPR (if not the best), and Bruce had 1165/12 to go with Hakim 677/8, and Holt with 677/6. If you started that entire lineup (considering that scoring was not what it is today), you likely could have won. You would lose the bye, but would be in good shape every week (they only scored under 27 points once the entire season).
But even then, you start a TE and a second RB, and maybe a flex player (and that does not count the bye). So that gets to my second question, who are you starting around those guys? Roland Williams was the TE for the Rams, and he had 226/6, which I guess was good back then, but you are still down to a flex player and a 2nd RB. My guess is that those two guys are what would separate a team from being a playoff team to winning it all.
ETA: While I think it can be done, you really need a team that is record breaking...to the OP, you are somewhat in-deep, but if you have one or even two flex roles, you should be fine. I just don't see Balt scoring over 25 points a game, every game.