It's a different drone.
I would not say it is better.
Neo is more sturdy.
Flip seems to have a better camera system.
Neo is FPV.
So yeah, both have pros and cons.
It depends on your use case. If you want to fly FPV or with goggles then you can't do that with the flip, if you want a camera drone then the flip has a better camera and gimbal.
I was very happy with the Neo form factor, but it has been only scares with it. Wind send him away easily and the footage sucks. In FPV is also not very good... so I will keep Avata2 for fun and Flip for beauty
Definitely the flip has a better camera but I prefer my Neo I think the flip is too big and from what I’ve seen about the obstacle avoidance it’s definitely a flop