Additionally, their control scheme was designed to shut down the engine opposite to any failed engine, meaning that they had very little engine-out margin in the inevitability of an engine failure.
All in all, we can (and have, with the Falcon Heavy) do much better.
N-1 could complete the mission with up to 4 engines turned off from the start. And I guess it it's not from the start, you could turn off even more engines and still have a successful flight.
Even though Saturn-V is heavier, N-1 has more lift-off thrust. Partially to have this kind of redundancy.
SpaceX's lots-of-engines approach has been well proven on the Falcon 9 thus far.
This is just to compare optimism for heavily multi-engined BFR with suggestions that N-1 was doomed just because of the number of engines.