Yekke, absolutely. I already posted that the geula comes slowly in stages (Yerushalmi, Berachot 1:1).
So “not yet” wasn’t referring to the aspirations of the State of Israel, it was referring to our desire for the rebuilding of ??????? ??? ?????, which will be ruled by a ????? ?????, ????? ?????? ???.
[The Brisker Rav was very upset with those who were ???? the word “??????” after ???? ???? ????????, because it implied that we are halfway there; all that is necessary is the rebuilding. See ???? ??? ?????]