Yes, I think that's true. I certainly won't remove a single ad blocker - I currently browse with 4 blockers installed (LoL). Whatever one of them doesn't block, another one usually will.
I've previously advocated for a different kind of reform. I want advertisers to start paying web users directly. Then web users can reward publishers with their traffic. It's not a perfect solution because it probably means that web users will still see advertising, but at least they would be somewhat compensated for it.