Correct. Statistical analysis has shown that possession, corners and total shots are all poor indicators of a team's likely results but shots on target is. We would be better off having less shots if we could get more of them on target. I do think that it is significant that in the last 2 or 3 games we have played stronger teams with much more solid defensive set-ups (not just the defenders but the whole team structure). So it has been much more difficult to get in behind the defence or into clear goal-scoring positions and players have opted to shoot from further out with less effectiveness instead.I dont think lots of shots are necessarily a good thing - it can suggest, as is the case for the last couple of games imo, that players are taking early shots from marginal positions, which is often the easy option, rather than make an incisive pass or move to turn a half chance into a real chance.
(I see greenpiled's post came in as I was typing this saying much the same thing)