I've had that conversation with a few people over the years, and I conclude that it does for some people and not others. The ones for whom it doesn't generally seem to think of it as a piece of misdirection, in which Dennett answers in great detail a different question than the one that was being asked. (It's not entirely clear to me what question they think he answers instead.)

That said, it's a pretty fun read. If the subject interests you, I'd recommend sitting down and writing out as clearly as you can what it is you find mysterious about subjective experience, and then reading the book and seeing if it answers, or at least addresses, that question.