Yes. They significantly out perform the halogen headlights they're replacing. The cutoff you're seeing is there to maximize the light on the road while minimizing glare for oncoming traffic.
Most companies have systems that are a bit better now that actively steer the beam around oncoming traffic, but you can thank outdated US regulations for those not being available in the states.
Attached is a photo I took a while back while upgrading one of my vehicles from halogen reflectors to an hid projector based system to compare light output. Halogen on the bottom, projector on the top. You can see that while the halogen light doesn't have as defined as a cutoff, the light output everywhere is significantly lower. The way they deal with minimizing glare for oncoming traffic is to just not put out much light.