In my use, DeepSeek v4 Flash (which replaced the quite excellent MiniMax M3) lags behind GLM 5.2 & Muse Spark 1.2 (let alone Kimi K3). Also, K3 is a much bigger multi-modal model, while Flash is text-only and likely optimised for coding tasks.

Yep, and the v4 flash final is about 2.5x slower than preview making it no longer a fast model, in fact slower than Luna and bigger models in many cases.

Spark is actually the interesting one imo. It's significantly better, also significantly faster. If you are ok with letting Meta soak up your data (which DS does too) it's also the same price.