Yes, but even the Plus was selling with 2MB stock at the end. And unlike the Plus, if you did not upgrade the RAM board right away after you dropped $1,000, you were screwed – Remember System 7 was the first users had to pay for too, so many Classic users opted out. Many Classics I have seen are missing the RAM board. You sound like an Apple marketing brochure defending the Classic. A hard drive could be added anytime for years afterward, but not that RAM card. It trapped a lot of people into that 1MB configuration. The point remains, it was a bad decision by Apple in the long run and left SE users no options until the Color Classic, which offered no improvement over the SE/30. Apple came to see the compact as an entry-level model to be phased out, and never produced a superior compact to the SE/30.
Also, Apple advertised the Classic as being 25% faster than the Plus, and the SE as being 15-20% faster. However, I believe I have seen benchmark tests which indicate the SE was faster than the Classic in some real world tests. I might be wrong since I can't currently find anything to prove or disprove. I leave it to others expertise.