To address the point of whether yesterday was a bust, per the SPC, the expectation would be for 20+ more tornado reports *AND/OR* a derecho with widespread winds of 80+ MPH.
Source:
https://www.spc.noaa.gov/products/outlook/prob_cat_mar22.html
So technically, once all of the reports are confirmed (there's only 7 so far), this event will likelly end up falling short.
But the pedantry of whether yesterday was a bust aside, from a real world standpoint, it doesn't matter. Possibly multiple lives have been lost and at least one town has been destroyed. Plus, there were over 300 severe weather reports in total yesterday, which is impressive in any setup.