Sure, it's not like it was an intended result, but it's still a valid critique of the period and the movement. It doesn't have to be the "final word", but it's definitely A word. Some of the cultural impact was absolutely the opposite of what it intended, that's a fair observation. I think Palahniuk, particularly after he came out, has addressed that pretty head-on (see below), but also with much less social repercusion.

I also don't think it's a moral assessment of the film or the book or their authors, though. It's a read on the audience, for sure. I think it's valid to point out that if one is unironically on board with good ole Tyler Durden that's... you know, a pretty big red flag right there? Not for the movie, but for the individual audience member.