Yes,
I can confirm its still fun. Of course there are challenges and budgetary constraints hamper a lot of fun, but its still good.
There are still a lot of us who still serve who have been involved, directly or indirectly, in kinetic warfare. A far cry to constant training missions during the Cold War. That is not to say what happened then wasn't important, it was of course vitally important. Its not "fun", but its achieving tangible results.
A friend who has returned from observing OASC confirms that thankfully, there are a lot of people out there who are desperate to serve in the RAF.