Technically yes, but you can still get those points and more by travelling to Regionals. In prior years, I would hit 3 States and 4 Regionals. With the new Regionals schedule, I'm potentially going to 7 Regionals. Yes, you have to travel a little bit more, but there are more opportunities to hit more tournaments. And with no barrier to attending the new Continental events, you can get even more points.
Last year, you could get 90 LC points and 200 Cities points. While very few Masters (if any) did this, it didn't let you get an invite by local events alone even with perfect play. If you can get 120 LC points and 200 Cities (League Cup) points this year, you would even have some margin for error to achieve an invite at 300 points without ever leaving your local area. That's ridiculous.