Probably not. Which is why I will probably never try it out because I will only do so once the final version is released. But then I'm also not going to compare it with EDO because that went through and has since left its Alpha phase and is sold and advertised at full RRP and as a supposedly feature complete and working product.
If I'd want to compare Elite with another game, it'd be X4 or NMS, or Everspace - and even those are so fundamentally different it's not really fair to either side. Elite is very unique, which for me is the main reason I'm still sticking with it despite its many flaws.
If a competitor would show up that would offer a similar sandbox and flight model but better production values and game design, if I'm honest I'd likely drop Elite like a hot potato. But since that seems quite unlikely for quite some time (if not ever), I guess I won't for as long as Elite still gives me some joy. Frontier should and probably do consider themselves lucky they still have the de-facto monopoly here, I guess it'll be interesting to see how long can they keep riding the ED gravy train.
I don't buy a lot of new games these days, but my most recent purchase has been Forza Horizon 5 (early access full blown version for 99 Euros) - I have to say it's been quite refreshing to observe a game delivering consistent performance and quality eye-candy and a distinct lack of bugs
from day one (in my experience at least, online is a bit flaky but 10 million players take its toll I guess). The game wasn't cheap, but I don't mind paying for a quality product. Going back to EDO after playing such a slick (and brand-new) game makes it all the more difficult to ignore and still enjoy it though.