Yes totally. ctrl+o used to show all messages, but this is one of the tricky things about building in a terminal: because many terminals are quite slow, it is hard to render a large amount of output at once without causing tearing/stutter.
That said, we recently rewrote our renderer to make it much more efficient, so we can bump up the default a bit. Let me see what it feels like to show the last 10-20 messages -- fix incoming.