Source: https://apps.dtic.mil/sti/pdfs/ADA428697.pdfWhile the Jagdpanzer IV was a success, it most likely was a waste of effort. The very vehicle that inspired the Jagdpanzer IV, the StuG III, was in full production when the Jagdpanzer IV was designed, and was in fact the most produced German armored fighting vehicle of the war. The StuG III possessed equivalent firepower to the Jagdpanzer IV in the 75- millimeter PaK 39, and nearly the same armor protection as the early variants of the tank destroyer. It was not possible to simply produce StuG IIIs as tank destroyers, though, because Wa Prüf 4, the Artillery Branch, handled assault gun design while tank destroyer design was the responsibility of Wa Prüf 6. Had the StuG III been produced as a tank destroyer in place of the Jagdpanzer IV, significant savings could have been realized in key materials, notably copper, aluminum, and zinc. Even without the later L/70 gun of the Jagdpanzer IV, the StuG III proved to be an effective tank destroyer. Introduction of the L/70 armed Panzer IV lang came several months after the introduction of the more powerful JagdPanther. The JagdPanther equaled or eclipsed the Jagdpanzer IV in all areas, yet less than 300 were produced, as compared to over 1500 Jagdpanzer IV. Had Jagdpanzer IV development been rendered superfluous by use of the StuG III, far more resources could have been allocated to this more effective weapon.
After reading the previous paragraph, it got me thinking and I want to hear your opinion on this.
Personally, at the moment, I agree with the author. The early versions of JgdPz. IV were better, but not qualitatively better than Stug III G while latter ones were a bad design and a waste of resources that would've been better employed at producing JagdPanther TDs.