Yes it does, as long as you put the Post Processing up high enough.
Its easily noticeable on High, but on Medium, there isn't or isn't hardly any motion blur when you move the mouse around.
Yeah, cabbspapp, for instance, our eyes can focus near and far easily, with the blink of an eye as it were. It takes a lot longer for a camera to do the same thing, and actually focus on an object, and definietly won't focus on just that object like our eyes do.