It's neat that we can now compare the Terra without reasoning pelican (cost 0.64 cents) with the equivalently priced Luna with reasoning pelicans (Luna xhigh is 0.40 cents, Luna max is 0.91 cents). I think the Terra low one compares favorably to those, though I'd suggest also comparing them on tasks more representative of real work than generating pelican SVGs!

Terra without reasoning is almost certainly going to be faster than Luna on High (which is roughly equivalent in intelligence according to AA).

a bigger model still has more built-in knowledge to draw from, even without reasoning.