It certainly doesn't provide automated, process-scoped HTTPS interception.

It's still more setup than just installing this tool.

Also, can Wireshark/libpcap decrypt SSL/TLS traffic this easily?

Not in my experience; I think I gave up and opted for mitmproxy which works but is not this easy/seamless.

Wireshark is awesome but yeah as others mentioned it's the TLS decryption piece that is difficult in that workflow