In a base sense yes, albeit FGM is more damaging. That said as someone uncircumcised I'll be blunt and say I cannot imagine how exactly it would feel without the presence of a foreskin, it is probably the most sensitive/erogenous zone, so to me sexual pleasure would be somewhat reduced if it were removed. I suppose since most are circumcised at birth they know no different.
But if there is no medical need for it (relating to male circumcision) I don't think parents should be able to decide on their childs behalf.