Confused by first comment...
A) This phone isn't suppose to be as good as the N4, that is not its purpose. (Overlooking performance wise it actually benchmarks nearly the same with better battery life)
B) The price is a lot lower than N4/N5. $200 versus $350? Almost 2 for 1...
C) N5 is in no way more expensive than the N4 when comparing apples to apples... N4 16gig = $350 which is the same as N5 at 16gig. If Google released an 8gig people would bitch that that wasn't acceptable.
D) The moto G is a fantastic phone at $180 - $200 bucks and N5 is awesome at $350 to $400.