Yes. Though I wouldn't even say it's a 'better term'; just because the metaphor might hold slightly more water in some highly technical sense, doesn't actually make it a better term. ;)

This reminds me: if you went to a farm and actually 'picked the low hanging fruit first', they would likely fire you. The fruit higher up on the tree typically ripens faster, so should be picked first. (But the phrase as a metaphor is fine, and everyone knows what it's supposed to mean.)