The Galaxy Z Flip 4 is obviously newer and (slightly) more powerful than the Galaxy Z Flip 3, but the older Samsung foldable is clearly the (much) better deal right now.
This hot new deal is technically scheduled to run through the end of the year, although at a measly $459.99 and up, we highly doubt Woot's Z Flip 3 supplies will last very long.
Other than that and a few subtle design revisions, however, you're basically looking at the same phone, so it really doesn't seem very wise to cough up $850 for the newer and slightly more powerful model.
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