Oh it definitely isn't. Data volume may be small, but latency will kill you, especially if your database server isn't on the same machine as your application. If you fetch an entity A with a one-to-many to entity B, with a typical size of 100 B's for every A, you are looking at 101 separate queries if you access any relations on B, which assuming 1ms of network latency give you a lowerbound of 100ms for an operation that may have taken well below 10ms in total had you fetched in one go.
That's also 101 entities. That's a half a thousand values if A and B have ~5 attributes. That's too much data. No human can make use of it and no application should offer it. Good ones won't. They'll impose limits and when they do they'll naturally also be imposing a limit on the size of the N+1 problem. That's why I say that in my opinion, it's overblown. You're welcome to form your own opinion, of course.
Happy to name a concrete use case: showing a manifest of containers to load/unload from a ship. Search needs to happen client-side for many reasons, ballpark figures may be 1000 loads, 1000 unloads, the info about the shipvisit, and a stowage plan of 1000 records loading/unloading (separate from the manifest). Give you 4001 individual entities, clocking in at at least 20 attributes per entity (container number, type, port of loading/discharge, cargo description, weight etc)
N+1 just isn't cutting it for that use case, because while a manifest may be paginated, you pretty much just need your entire stowage plan in memory to do any useful operation on it.
If I'm reading you correctly you're saying there's an industrial grade application with a UI that routinely shows up to 80000 attributes to a user, or at least needs that information for client-side processing. Setting aside whether that's justified for this particular use case, do you think that's a common use case in let's say consumer grade web and mobile applications?
No, probably not, but SQL and ORMs aren’t used just for consumer grade applications ;)
I’m sure N+1 is not a big problem in those use cases, but saying that thereforr the problem doesn’t exist is overgeneralizing a bit. B2B is not a small market.
I don't believe I said the N+1 problem doesn't exist. I said that I believe it's "overblown". I'll grant that's vague, and I can be more precise, but one thing I mean by "overblown" is that it's not necessarily a big problem in all cases, even if it's sometimes a problem in some cases. I definitely do not mean that it's never a big problem in any cases.