Getting this information is certainly already possible, but there is a bit of a barrier in front of it. You need to realize the query is slow, then you need to re-run it with the right EXPLAIN and/or ANALYZE incantation with 8-9 parameters for a query visualizer, paste it into a query visualizer and then you get some nice, easily digested overview of what is going on.
Teams either don't know how to do that, or don't do that, due to permissions or because it's a hassle. Having a slow "calculateFooReport()" trace go straight into a bunch of slow SequentialScan- and NestedLoop-Nodes would remove one excuse from that equation.
Kinda bummed that we're updating out of the supported versions starting next month.
The database you send the traces to may be distributed, just like any database, but pg_tracing does nothing for it.