No, not on trains, but you may be affected if you want to make use of the 2-hour fare and you catch trams and buses.
Under Myki, your ticket is valid as long as you start your trip (that is, touch on at the station, or as you board the tram or bus) before the 2-hour travel time expires.
This is only a problem when using trams and buses, because you only touch on as you board. When using trains you can enter the platform and touch on before the expiry time, no matter how late the train you are catching might be.
If you are going to travel for more than 2 hours it makes no difference to you, but if you are trying to make a couple of short trips using a bus or tram in a single 2-hour period, with no other travel that day, you will be charged the daily fare if the bus or tram arrives late, after your 2-hours has expired.
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Under Myki, your ticket is valid as long as you start your trip (that is, touch on at the station, or as you board the tram or bus) before the 2-hour travel time expires.
This is only a problem when using trams and buses, because you only touch on as you board. When using trains you can enter the platform and touch on before the expiry time, no matter how late the train you are catching might be.
If you are going to travel for more than 2 hours it makes no difference to you, but if you are trying to make a couple of short trips using a bus or tram in a single 2-hour period, with no other travel that day, you will be charged the daily fare if the bus or tram arrives late, after your 2-hours has expired.