NO !
Sorry for the news!
Has with all dishes it depends upon what it is compared against. if you take the Funke 0.98 mtr and then expect it to out perform a channel master or Precision 1.2mtr you will be very disappointed. where as if you take a 15 year old very badly battered dish then yes you could expect it to perfom better.
However for the 5.0 east slot it is simply to small for reception from all of the transponders. some you will recieve but for example the TV 1000 channels most likely they will not be recievable.
Here you need at least a 1.5 and if money and space permits a 1.8 mtr this provides a small margin for less than perfect weather conditions
Regards
Old Satellite