Sure, but the performance envelope on the Arrow was not even close to being tested - it was cancelled before it was fitted with the engines it was actually designed to use. Some of the maximum performance numbers are overstated for sure, but it's hard to say what it's real performance would have been. Similar things can be said for the range - the final numbers for that _should_ have been much higher.
Also keep in mind, this was designed as an interceptor for defence of the vastness of Canada against Russian long-range bombers. It wasn't just about speed, but the combination of speed, range, and advanced avionics that made the Arrow important.
I don't know why you'd compare this to the XB-70, they're vastly different designs for different purposes.
When Sputnik and the threat of ICBMs loomed, most assumed interceptors were a waste of time - which turned out to be a premature assumption.
All in all, it was probably the right decision to cancel the program, as it's costs has spiralled out of control - but to make direct comparisons of production aircraft to prototypes seems unfair.