Probably, I don't really PvP in WoW.
There are several Elemental Shamans in the top 200 damage done on 25H Chim (the only single target encounter in the entire tier that I can think of?). So, I'd say there is plenty of evidence that Elemental damage on single targets is competetive with other classes/specs. Flame shock on a couple of targets is not even in the same ballpark as double dotting Moonkins, Spriests, impact, DK cleave, Rogue cleave, Warrior cleave, hunter cleave . . . probably could have saved time and just said any other class in the game.
If you actually go through world of logs and look at the the damage split between targets on each fight, the single target damage done to focus targets (the boss) is competetive. The inflated numbers other classes get are, in most cases, caused by cleave. There's no way a Shaman of any spec can keep up with Rogue cleave on Heroic Magmaw, Warlocks on Maloriak, Mages on Halfus. It's just the way classes interact with cleave.
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