According to studies, and IME, FWH does add flavor and aroma that is quite stable, again because of the long time oxidizing oils to permanently soluble form before boiling could drive them off. But the oil profile is different from what you'd get with late additions. I sometimes make beers with a FWH addition only. The flavor and aroma is complex, deep, possibly as intense as any other method provides, very stable, but indeed different. Traditional practice both in Britain and on the continent used no middle or late additions, even in Pilsner and pale ales reputed for their aroma. Late hopping is a relatively recent practice (though some American brewers started to adopt it before the turn of the 20th century,) which has changed our idea of "hoppy." An interesting point is that DeClerck argued that late hopping was a waste, on the grounds that little bitterness or aroma is recovered, while he argued that the quality of bittering hops should not be disregarded, as the aroma of hops is preserved no matter when they are added. This, I think, does indicate again how different our idea of "hoppy" is from that of not so very long ago.