Like most roadbuilding it probably depends on materials and technique. It's really only a problem here when it's fresh and loose. When it's very hot the tar melts, but not so much as to be slippery. When it's been in place for a couple of months, it's as smooth as macadam, or nearly so. Granted I've never ridden an aluminum road bike.
The alternative is unimproved gravel. I'll take the chipseal.

