Yes. But nothing considered major. No border would have to be a better example for it to be desirable as an Error Note
Seconded, this is just slightly out of registration. The electronic eye that reads the position of the note and when the machine is supposed to make the cut was a bit off. Dust on the eye can cause this problem also.
Would agree, even though misaligned substantially, does not meet the criteria For an all out error, if it was submitted to either PCGS or PMG it would receive a grade of most likely a 63 with an outside chance of a 62 both grades are Very undesirable from a collector point of you, unless the note was on the rarer Side.