sure, but for 99% of what most people do, web,text,maps. Is it appreciable?
The issue is that it's not enough to be good enough 99% of the time. That's assumed.
It's performance in the last 1% that really makes or breaks the user experience (or maybe the right ratio is 95/5 or 80/2...).
Obviously, any car will have sufficient power and traction to maintain cruise on the highway. It's those few seconds of acceleration to pass, or that panicked emergency stop, where you'll definitely notice a difference.
But your point stands that 100% of hard core gamers that want the biggest fastest new thing have 0% use for the 8. (The x/ten has the bigger better screen too)