Depends on the price. If its between 100-150 euros or dollars its worth it. Above that? No I'll choose the moto g or better.. Don't get me wrong I love my galaxy nexus but its getting old..
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Buy the moto g instead,or wait for the new moto g,(it should be presented the next month)
If you like xiaomi you can even buy the redmi note or the hongmi 1s
the xiaomi 1s has the same processor,better camera and other things,the redmi note has also a version with 2 gb of ram,but it has the mediatek octa-core. They lack of 4g and also the xiaomi phones need to be bought only in internet,no contract or everything else . Here a comparison