Yes. Many more cropping opportunities shooting full frame 6x7 (or whatever) and cropping to panoramic aspect ratio. No question.
However, part of the fun of shooting 35 mm in a medium format camera is being forced to compose for the aspect ratio, instead of being able to crop from the full frame. It's a discipline, a creative limitation. Some of the same idea as shooting a 1930s vintage box camera instead of your fully adjustable folder (that uses the same film and format). Or shooting in the "Lomography" class for creative purposes.
For me, it's something I can't do well with other equipment I own or can afford. With the 35 mm RB67, and a 50 mm lens, I'll get results very similar to an XPan with a 45 mm lens -- for less than the cost of the lens.
Dan, the 90 mm and even 60 mm lenses for 4x5 would do a nice job on 35 mm in a 120 roll holder (film back, as opposed to the ground glass back, I suppose) -- they only cost about twice what my whole RB67 setup has cost so far. I can get a 65 mm lens for under $200, apparently; 50 mm are a bit more, but still within reach. Not many fisheyes that will cover large circles, though I think I've seen at least one 4x5 camera made to use only a proprietary fisheye.