I think it signifies more than that. Trying to fight on all fronts is something that's been lacking for years. Moyes was always focussed on his post Everton career and would usually sacrifice the cups in order to preserve the squad for the league. Martinez did so last season when he focussed on the PL and EL.
They are our two most realistic routes to silverware and I think it's unforgivable when they dont get full attention and effort.
Good point dave, but you've buried the lede. Better popcorning, tbf...
(+points for best GOT use of socratic method in recent memory, though)