Don't bring OKW to the talks, as the main topic is about Wehr being competitive.
My answer would be yes, but the faction is the hardest to play against good players. For the first 10-15min you need everything to go well and you can't have too many wipes because of allied easy blobbing + light vehicle combo dominance, that means good repositioning of MG's and good use of teller mines against light vehicles. Many maps PAK isn't really good because too many sight blocking that good players just kite around with their vehicles.
There is still things that need to be balanced for Wehrmacht, but I don't think that will happen