Not exactly, TBH.
Custom LIneage
Type: Humanoid
Size: S or M
Speed: 30 ft
ASI: not relevant, as it will be picked from Background using the mix & match rules
Feat: any that you qualify for.
Feature: Darkvision OR a skill proficiency
Language: Common +1
Compatible Human
Type: Humanoid (check)
Size: S or M (check)
Speed: 30 ft (check)
ASI: none (check)
Feat: a first-level feat
Features: a proficiency, morning inspiration.
So, the custom lineages gets an original feat, the ability to trade a skill prof for darkvision and two languages, while the compatible human gets a new feat and morning inspiration.
Depending on build, several of the older feat might be more powerful than the 1st-level feat we see (especially since with standard array, a half-feat might be the only way to start with 18 in your main stat). I'd say it outdoes the morning inspiration, while you still get two free languages. I'd say that if you're willing to play a human in One, you'd be better served, optimization-wise, to create a custom lineage "Regular citizen of Humancity." instead of playing a compatible human.