Nope. If you see it on the shelf, you better start running.Sapphire HD4730 have the same specs. It's interesting - core 7% slower than HD4770, but GDDR5 modules are 12,5% faster than HD4770 (exactly as fast as HD4890). I expect it will be about as fast as HD4770...
Looks like it lost half the ROPs.
Review http://ht4u.net/reviews/2009/powercolor_ati_radeon_hd_4730/ (in german), but in short slower than HD4770, (slightly) slower than HD4830 even, but with twice the power draw of the HD4770 (especially idle power draw is completely unacceptable for a card of this performance category).