4150 steel will treat marginally harder. But hard is not necessarily better, because it comes at the expense of flexibility. Old damascus barrels (I cut damaged ones up for knives) won't harden worth a damn, but will bend a dozen times without cracking. It was the WELDS that caused weakness in them, not the metal per se.
Standard ordnance steels are 4140 and 416 stainless. 420, 430, 440 stainless are harder, as are 4150, 4160, 5160, and even plain old 1075. Hardness is not the only issue.
4140 is iron, with .38-.43 % carbon (hardenable matrix), .75-1. Manganese (deoxidizer), .025 max phosphorus (impurity for most purposes), .20-.35 silicon (toughens, improves tensile strength and hardenability), .8-1.1 chromium (increases depth of hardening and responsiveness to heat treatment), .15-.25 molybdenum (increases toughness and penetration of hardness in large billets, resists high temperature softening). Typical hardening in barrel sized billets is Rockwell C scale 44-50. Muzzle tensile strength should be ca 200,000 psi in section of 1/8" wall thickness.
4130 (for comparison) is same except .28-.33 carbon, .4-.6 manganese, 168,000 psi tensile strength as above.
4150 is identical to 4140, except .48-.53 carbon. Mechanical properties are listed as identical.
If it's comparable in cost, it might be worth getting. I wouldn't pay extra for it.
A harder barrel is likely to wear faster, is more likely to crack under stress, and will rust faster with higher carbon content. I don't know enough metallurgy to tell you what (if any) it helps.
My experience continues to be against Bushmaster for lousy quality control. Repeating what I've said elsewhere: a crooked flash suppressor (bored crooked), two uppers where the sights had to be maxed left to get bullets on paper (barrel/upper not aligned)(and someone else reported that also, so it's an ongoing problem for them), and someone else here just reported a bolt that wouldn't seat properly.
I HAVE a 1989 Olympic Arms and love it. I'm told they've gone down hill. I hear good things about DPMS, but haven't tried one yet. I have a Sendra and a PWA that work okay.