From what I see, it's not better than GitHub Copilot for my use case. I work in large code bases, where the code in one files depends on the code in other files. Copilot seems to only be aware of code in current file, unless I write very long prompts to direct it to specifically look in some other files.
So for making changes to existing code, Copilot isn't helpful and neither seems to Cursor.
I can use Copilot to write some new methods to parse strings or split strings or convert to/from JSON or make http calls. Bat anything that implies using or changing existing code doesn't yield good results.