[tstack]

Pretty much, yes, it's not for dealing with a bunch of servers.

There's some basic support for tailing files on remote x86 machines (https://lnav.org/2021/05/03/tailing-remote-files.html). But, again, just small scale stuff.

I use it on my development machine and for going through logs attached to bugs. Those use cases aren't served by something like ELK/splunk/etc.