For me, they do. If they don't for you, I wouldn't recommend buying them
That's the beautiful thing about the world we live in, we all have preferences. For me, they need to be better than the 1000XM4 when it comes to sound. I'm ok if it equals it in comfort and ANC since they are top of the class in those categories no matter price. Comfort is more important to me than build quality. I don't buy headphones for the build quality or for people to tell me how amazing they look. I buy them for sound, comfort, and features in that order of importance. Sure build quality gives you that assurance that your headphones will last, but plastic headphones have a tendency to be lighter and more comfortable. If comfort sucks, I'd rather buy a headphone that has a lesser build quality and get a solid warranty. I want to be able to wear my headphones long enough to watch a movie without my ears or head throbbing in pain. Like I've said in previous posts, if the Max can come close or surpass the 1000XM4 in Comfort and ANC, while having sound quality comparable to the class leaders like the Dali iO-6, Sennheiser Momentum 3, and Shure Aonic 50, in my opinion they would overtake the 1000XM4 as the best value in the Wireless ANC world. And that's at their current $549 price. There hasn't been a headphone to put it all together completely with build quality, sound, call quality, features, comfort, and ANC that's great and doesn't degrade the sound quality when used. If the Max accomplishes this, it's the ultimate home run.