Honestly I'm not entirely up to date on current offers. My economy is also a bit stronger now. I think I might opt for a slightly higher end moto with similar battery (6000 mAh). I really love the stock Android Moto has, and I don't want a Google/Pixel phone.
I have little doubt that I couldn't have made a better choice 2 years ago. The value of this was/is insane. ;)
The reason I opted for such a cheap phone, was that I was quite disappointed with previous smartphones, for instance Screen to small, GPS not working properly, poor battery life etc. The Moto G9 power fixed all that, despite being cheap.
That said, I don't game, and I'm not a heavy user. Other use cases may of course have other preferences. The screen is only 1640x720 pixels, but that's fine for me, the screen is also Panda Glass, which was a bit of a worry, but after 2 years of use, without cover, there is still not a scratch on it!
I got more than I expected, and the entire concept of smartphones has way more meaning to me now. The only minor downside, is that the extra cameras are pretty useless.