In a way, yes. Most jeans that have selvedge edges are higher quality and have other selling points regular jeans don't (raw materials, higher quality dyes, various kinds of softer cotton); why companies emphasize on selvedge, I don't know, but one of the main reasons I prefer raw jeans is the fit, and the look of the jeans after extended periods of wear, I've gone through alot of less expensive jeans (CK, DKNY, AX, Express, cheaper RL's) which ranged from 30-100, and they have all ripped and/or deteriorated at a much higher rate than some of my raw jeans. I'd personally rather purchase 1 pair for 200-400$ that lasts 5 years+ instead of buying 2-3 every year; for non-enthusiasts it all depends on the cost-benefit and personal preference.
The weight of the jeans also comes into play in determining suitability, they come in 12 oz (lightweight), 14oz (medium), and 16oz+(heavyweight), lightweight jeans fade faster and usually don't have the same shelf-life as the heavyweight jeans, but heavyweight jeans require dedication. They are incredibly stiff when you first purchase them and feel like walking around with cardboard pants; the fades take the longest to settle, but these jeans can easily last 10 years+.
