I think it depends.
My hormones are all... um... (Trying to find a polite way of saying this)... out of wack.
And in my experience ANY external hormone influence (pill, progesterone cream, hormonal contraceptive of any kind, too much soya) will knock me further out of wack.
I intend to refuse HRT if it is ever offered, based on past experience. Unless I the argument in its favour is incredibly compelling. I doubt it will be.
Your mileage will, of course, vary.