I'm inclined to say yes. The Torgue Campaign was shorter but more enjoyable. Hammerlock's Big Hunt is basically a weekend of hunting turned upside down with monsters waiting to beat you like a rented mule.
The real charm of Torgue i thought was the humour. Mr. Torgue was an awesome character, and a couple of characters from Borderlands 2 show up. The missions i thought were fun enough, kind of typical Borderlands missions. Its my favorite DLC of Borderlands 2.
Sir Hammerlocks thing it had going for it are the interesting locations and creatures wandering around. It also seems tougher than the other two DLC. I personally thought it was kind of funny too, but most people don't think so. Its also kind of short, but is still had a lot of fun with it.