Yes, what you describe is true. We also had a good discussion a few days ago about scenarios where REST doesn't seem to work well. The specific problem is when things start getting too chatty. Its very difficult to expose a flexible (fine-grained) REST API and at the same time give you all the data you need in the least amount of calls. It takes quite a bit of work up front to figure out what your model is going to be and figuring out if that model will work for most of your consumers. Getting the 'pattern' down as you described is half the battle.

http://news.ycombinator.com/item?id=3538585

http://news.ycombinator.com/item?id=3538134