There was a bike made by Trek a couple years ago - I think it was a city/hybrid bike, and the frame was made from some alloy of steel that was not necessarily 4130 or 853 or even 501. It was claimed (on BF iirc) that when Trek representatives were asked, they used 'hi tensile' to describe it. I said to a friend at the time, you can make a crappy bike out of nice materials or a nice bike out of cheap materials. The Trek was obviously a nice bike, even without the 'bling' factor of a known tubing sticker.

Some months later I went to look at an old classical guitar, made in Brasil in 1974. It was obviously a nice instrument with clear sound and easy to play. When I looked closer I realized the top, and likely the back and sides, were made with laminate construction instead of the more prestigious (and expensive, and delicate) solid wood construction. I pointed this out to my friend and he sort of tsk tsked me. "remember what you said about bike frame materials? The same goes for anything - You can make a nice guitar out of cheaper materials, or a crappy guitar out of expensive materials."
This guitar is obviously a nice guitar made out of cheaper materials.

Your frame reminded me of that conversation - maybe a snob might turn up their nose at the 'lesser' model from whatever company, but just because it was affordable doesn't mean it isn't good. The nicely scalloped lugs and chrome stays and fork are obvious hallmarks of a frame that they put together with some care, even if it is less expensive.

Epilogue:
The guitar is now my prized possession. IT stays perfectly in tune unless there is a change in temperature, then tension in the unwound strings seems to follow the temperature swings a little more than the wound strings, but always consistent, and with the most perfect intonation of any guitar I have played. It doesn't sound great, but that's because I can't play worth a damn. I suppose the cheap/expensive vs crap/quality equation works for that too - a decent musician could make nice music with a cheap guitar, but a crappy musician doesn't become a good musician because he has an expensive guitar.