Not necessarily in general and in this day and age, no, not anymore.
There was a day, long time ago when we was fab, that all this power dick-measuring did mean something for game quality, when the gameplay possibilities opened up by the added juice were substantial, at times massive and game-changing.
Nowadays, no. There's so little in terms of systems that is beyond current tech. Shoot, most of the games today could have been done last gen without too many compromises.
And even back in the day, more power opened up new options but didn't necessarily mean established game types WOULD be superseded. Chrono Trigger is better than many games today, Super Mario World remains one of the best 2D platformers ever crafted.







