may be, may be not. think of apple, they charge twice the price for the same hardware, and people pay. sometimes, only hardware does not decided the price.
i have bought Xolo Q900s 3-4 days ago. it's a nice piece, and definitely good at it's price. but, i am already missing my good old 720 which i broke. i have already decided half a mind to buy 730 soon as it hit the market.
somethings that doesnot show in comparison or specifications sheet, makes a lot difference. such as my Xolo win lacks ambiance sensor and zoomin in the camera app. now tell me, what the hell use of a 8MP auto focus camera without a slight zoom? further, xolo actually fails to play HD videos (720p i am talking about. forget 1080p); which were played on 520. now think about it. this is not mentioned anywhere, but just xolo offers the higher resolution doesnot mean it performs well.