Yes.
Distros (point release distros) should use LTS kernels and keep up to date with them. Their "we'll maintain our own kernel branches" model either leads to many missed bugfixes, or duplicates Greg K-H's workload internally, for no practical benefit.
If a distro is suspicious of particular patches in the -stable tree, they could maintain a blacklist of them. However, instead of doing that and accruing overhead of possible future merge conflicts, they should hash out their concerns on the -stable mailing list.