No it isn't, setPlayerTransform is simple and easy to do.
Besides, you can easily make a quick evented elevator with moving parts if you spared a few minutes.
Actually, they are about the same.
Clockturn's used 2 events, elevatorMoveToBrick and elevatorMove, and you would do that same process throughout a whole tower.
But setPlayerTransform uses the most named bricks. (Unless you make a velocity elevator)