I do think it is helpful in large projects, but much less so. I think the other comment gives a good example of how it can be useful, and it seems fairly obvious as context sizes are increasing exponentially in a short amount of time that it will be able to deal with large projects soon.
When using it in larger projects, I'm typically manipulating specific functions or single pages at a time and use a diff tool, so it comes across more as PR that I need to verify or tweak.