No, it isn't, because EVE loads the entire system for you when you enter it. It's all one instance.
I'll reiterate another way since you're not getting it, the load from instance to instance still happens, yes, but the warp tunnel hides it and makes it feel seemless with no feeling of Changing rooms. There is no way a load screen is better than this.
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I'll reiterate another way since you're not getting it, the load from instance to instance still happens, yes, but the warp tunnel hides it and makes it feel seemless with no feeling of Changing rooms. There is no way a load screen is better than this.