In a word, yes.
It wasn't the fault of the press, if it had been properly cleaned & lubricated, it wouldn't have gone south.
Rust will kill steel/cast iron no matter how high quality.
Rust on a steel ram will kill aluminum in no time, so you can't stress cleaning & lubrication enough.
Keep that ram from rusting!
Most people would just bush the frame and install a new ram, but I bored/polished the frame and made a new ram that was larger diameter so it didn't deflect as much, but that's outside the price range/skill set of most people...
(I have a tendency to waste time & money on things easily replaced...)
Cleaning & lubrication, rust prevention is a must for long life, but that done, an iron frame press *Should* last a lifetime for the home reloader.
This is evident by how many old cast iron frame presses people find at estate sales!