The short answer here is yes. The longer answer is that we're still trying to figure out what to do, so I don't think we'll have anything to release soon. We're actively discussing what to do about workspaces inside monorepos. Some of us who work on very large OSS projects (like Ben Coe working on Istanbul) really like the lerna workflow for pulling together a lot of small modules.
You can expect improvements to npm link soon, however. I know that Rebecca Turner, our cli project lead, has had "make npm link work better" high on her to-do list for a couple of releases now, because npm 5 broke some common workflows there.
If you want to know the details what Rebecca is thinking, ping her on Twitter. Kat Marchán is also a good person to talk to about what you need from workspaces.