Yes it is! Time is a key factor in SEO. How long your website has been there is important. Over time your site can change, add new content, and receive in-bound links from others who discover you. That can't happen if your website isn't even there yet.
Spiders and index bots love change. Don't wait until everything is perfect before rolling out your site. Get your domain name and set up a landing page right away. Right now if you don't already have one! Then add to your site as you go, updating and adding new content, new pages, links, etc. And watch your place in the SERPs improve monthly, weekly, and even daily!
Do not put "Under Construction" or some similar thing on your site. Nobody searches for it and it's a waste of space. Use the space to tell us what's coming. Make it keyword rich, too!
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