Wire Wrapping is a professional prototyping procedure that works fine, but you need an expensive tool (the “wire warapping pistol”) to do so – and you need everything on corresponding wire wrapping sockets. This is more expensive than soldering on finished PCBs or simply wiring on vector boards. I used wire wrapping in my former company for all protos and it worked fine. It’s very flexible if you want to rewire something. And: the boards get ~2 cm thicker due to the wire wrap posts.