Time-series forecasting research has converged to a small set of datasets and
a standardized collection of evaluation scenarios. Such a standardization is to
a specific extent needed for comparable research. However, the underlying
assumption is, that the considered setting is a representative for the problem
as a whole. In this paper, we challenge this assumption and show that the
current scenario gives a strongly biased perspective on the state of
time-series forecasting research. To be more detailed, we show that the current
evaluation scenario is heavily biased by the simplicity of the current
datasets. We furthermore emphasize, that when the lookback-window is properly
tuned, current models usually do not need any information flow across channels.
However, when using more complex benchmark data, the situation changes: Here,
modeling channel-interactions in a sophisticated manner indeed enhances
performances. Furthermore, in this complex evaluation scenario, Crossformer, a
method regularly neglected as an important baseline, is the SOTA method for
time series forecasting. Based on this, we present the Fast Channel-dependent
Transformer (FaCT), a simplified version of Crossformer which closes the
runtime gap between Crossformer and TimeMixer, leading to an efficient model
for complex forecasting datasets.