yes of course, but it's more common in soldering stations [in my experience]
but really, the temperature control alone should be enough of a reason (and sleep mode, and fusing - "fire stick" irons don't tend to be fused in my experience)
even my "good" weller 336b (well, actually SP40L but 336b is what it says on the handle side with the specs so that's what I call it) "fire stick" isn't any good compared to my SBK 939D+, heats too slowly, isn't grounded, and is only 40W (compared to heats in 25s, is grounded, 60W)
Then we have my cheap $1 "fire stick" iron from ebay, it heats about the same rate as the weller one and can only barely melt lead solder, it cannot melt lead-free solder. But that's fine, it's a deathtrap anyway and I only use it to melt plastic (because that's about all it's good for, I bought it as a case-study and logically opened it first, good thing at that. It would've caught fire or given me a 110V kiss of death if I hadn't, after fixing the wiring I could test the thing).
I've yet to see a "fire stick" that can compete with even a cheapish soldering station (such as my 939D+, cheap hakko clone but works remarkably well)
EDIT: Admittedly I haven't used that many "fire stick" type irons, I've used a couple cheapish wellers, a handful of el cheapo ebay ones, and some other ones that weren't mine, some were ok - others (especially the el cheapos) were right garbage.