Not exactly.
www.archives.gov
The electoral college was a compromise between a straight up popular vote and having Congress elect the President.
I think any honest modern review would come to the conclusion that such a compromise is no longer needed and that it should be a simple popular vote.
Having said that, if the idea is to have a state like Idaho have the same voice as a state like Tennessee, or Florida, or California, in selecting a President I am certainly open to hearing what the logic would be on that, as I cannot fathom it now.