I saw an earlier question (Why prefer the 18-55mm and 55-250mm lenses vs 18-200mm?) that mentioned lower quality lenses have distortion, aberration and light fall off issues. Has software like Adobe Camera RAW come far enough along to correct these issues to an acceptable (less noticeable) level?
I use ACR often and I definitely see the distortion change when applying this adjustment. I can guess years ago before these software adjustments were around cheaper lenses suffered much more from this. I realize you can't "correct" for image quality, bokeh, aperture and those things, my question only relates to the issues in my title.
So my question is, has software corrections to lenses come so far that these three issues are no longer as important?