^This, I have seen people bitching on the D3 forums because they found a blue sword that does 850 DPS but a Legendary Sword only does 750 DPS. It's true, the blue sword has more damage, but the legendary has over 50 + to all stats, 10% increased attack speed, plus other random stats.
As many people have pointed out here, when you're in Inferno damage is not everything.
Damage is super important in Inferno. If you don't kill stuff fast enough it enrages.